All-Pakistan Sarafa Gems and Jewelers Association (APSGJA) has released today’s price of gold indicating a further decreasing trend. Gold price per tola (24 carats) reached Rs. 214,200 dropping by Rs. 1,100.
The price of 10 grams fell by Rs. 943 settling at Rs. 183,642. The decrease in the prices has been owed to falling rates in the international market and an increase of the rupee against the US dollar.
Yesterday’s rate of gold was Rs. 215,300. In addition, as per the rates of last week which ended on 24th June, the golf price faced a continued downward trend. Altogether, the prices decreased by Rs. 8,900/tola.
In the international market, the price of the precious commodity fell to $1,922 per ounce declining by $9. The APSGJA report also revealed that the gold bullion price is Rs. 3000/tola under cost in Pakistan compared to the Dubai market.
Pakistan is selling gold at the cheapest rate these days providing a wonderful opportunity for people to invest in the yellow commodity.
