Gold Price once again faced a fall today on 3rd July 2023. The rate has been significantly reduced by Rs. 8,800 making the precious commodity’s price per tola reach Rs. 207,200.
This huge decline in the rate has been observed after the agreement with International Monetary Fund (IMF). The statistics have been revealed by the All-Pakistan Gems and Jewelers Association.
Moreover, the price for 10 grams of gold settled at Rs. 177,641 after facing a decrease of Rs. 7,544. The International Market has, however, faced an increase in the gold price. The rate increased by $6 reaching $1912 per ounce.
Along with the gold price, Pakistan Stock Exchange has also benefitted after the agreement with IMF. Moreover, the dollar also decreased by Rs.5. The agreement with IMF has initiated positive beginnings in Pakistan.