As of Monday, September 4, 2023, the price of gold in Pakistan has experienced a decrease.
Fluctuations in gold prices highlight the dynamic nature of gold, which is susceptible to frequent changes influenced by various factors.
These factors include global market trends, currency exchange rates, and geopolitical events, all of which play a pivotal role in shaping the value of this precious metal. Investors and enthusiasts closely monitor these shifts to make informed decisions in the ever-changing gold market.
The statistics have been released by the All-Pakistan Sarafa Gems and Jewelers Association (APSGJA) reflecting a marked decrease in the price of this precious commodity due to fluctuations in the international market.
As per the rates provided by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the cost of 24-carat gold has been settled at Rs.239,100 per tola in the local market.
The price of 10 grams of gold has decreased by Rs.600, bringing it down to Rs.204,990.