A significant decline in gold and silver prices was observed today in the national bullion market, shaking investors and jewelers.
The All Pakistan Sarafa Gems and Jewelers Association reported a notable decrease in gold prices, with the per tola price dropping by 1,100 rupees to 439,836 rupees. At the same time, the price of 10 grams of gold decreased by 943 rupees, reaching 377,088 rupees.
This decline is also evident internationally, where the per ounce gold price fell by 11 dollars to 4,174 dollars.
Similarly, silver prices have also fallen. The per tola silver price decreased by 48 rupees to 6,716 rupees, while the price of 10 grams fell by 42 rupees, now at 5,757 rupees.
Globally, the per ounce silver price was recorded at 62.37 dollars. This decline in precious metal prices reflects broader market movements and may impact future investment strategies.