Gold prices witness another drop in local markets. A declining trend in the global market coincided with yet another decline in the price of gold in local markets.
According to information provided by the Jewellers’ Association, local gold prices in Pakistan were impacted by an international decline in gold prices, as the metal fell by Rs. 750 on Thursday.
24-carat gold dropped in value by Rs 750 to end up at Rs 208,450 per tola.
The cost of ten grammes of gold has decreased by Rs643, and it is currently priced at Rs178,712.
As Gold prices witness another drop in local markets, the price of the precious metal dropped by $5 on the global market, and it was now trading at about $1,970 an ounce.
Silver Rates in Pakistan
Unlike Gold, Silver rate remains stable in Pakistan on Thursday. The price of single Tola Silver or Chandi stands at Rs2,550 and settled while 10-gram rate stands at Rs2,186.
Gold Rates in Pakistan today
| City | Gold | Silver |
| Lahore | PKR 208,450 | PKR 2,550 |
| Karachi | PKR 208,450 | PKR 2,550 |
| Islamabad | PKR 208,450 | PKR 2,550 |
| Peshawar | PKR 208,450 | PKR 2,550 |
| Quetta | PKR 208,450 | PKR 2,550 |
| Sialkot | PKR 208,450 | PKR 2,550 |
| Attock | PKR 208,450 | PKR 2,550 |
| Gujranwala | PKR 208,450 | PKR 2,550 |
| Jehlum | PKR 208,450 | PKR 2,550 |
| Multan | PKR 208,450 | PKR 2,550 |
| Bahawalpur | PKR 208,450 | PKR 2,550 |
| Gujrat | PKR 208,450 | PKR 2,550 |
| Nawabshah | PKR 208,450 | PKR 2,550 |
| Chakwal | PKR 208,450 | PKR 2,550 |
| Hyderabad | PKR 208,450 | PKR 2,550 |
| Nowshehra | PKR 208,450 | PKR 2,550 |
| Sargodha | PKR 208,450 | PKR 2,550 |
| Faisalabad | PKR 208,450 | PKR 2,550 |
| Mirpur | PKR 208,450 | PKR 2,550 |
