Today, the price of gold per tola in Pakistan has decreased by thousands of rupees, according to the All Pakistan James and Jewelers Association. As per their reports, the price of gold per tola has dropped to PKR 78,800.
After this decrease of PKR 7,800, the price of gold per tola in the country now stands at PKR 1,097,200. With a price of PKR 6,684 per gram, gold is now priced at PKR 1,697,070 for 10 grams.
In the international market, the price of gold has increased by $13, reaching $1,885 per ounce.
This means that while the price of gold has decreased in Pakistan, it has risen globally. Gold is considered a valuable and often sought-after commodity worldwide, and its price can fluctuate due to various economic factors, including currency exchange rates, supply and demand, and geopolitical events.
In Pakistan, gold prices are influenced by both international market conditions and local factors. Consumers, jewelers, and investors often monitor gold prices closely as they can have significant impacts on various economic aspects, including jewelry prices, investment portfolios, and trade.