The gold price has faced a huge declining trend in the past five days reaching Rs. 217,000 per tola. A fall of Rs. 1,500/ tola (24 carats) has been observed on Friday, 23rd June 2023. In addition, the price per 10 grams decreased to Rs. 186,043.
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 figures, the gold price per tola observed on 19th June 2023 was Rs. 220,700 which fell to Rs. 217,000 today, experiencing a huge drop of Rs. 3,700 in just 5 days. The trend as recorded in the past 5 days is mentioned below.
|Date||Gold Price per tola|
|19th June 2023||Rs. 220,700|
|20th June 2023||Rs. 220,500|
|21st June 2023||Rs. 218,700|
|22nd June 2023||Rs. 218,500|
|23rd June 2023||Rs. 217,000|
As per the international market, the rate of the gold commodity decreased by $10 settling at $1,919/ounce on 23rd June 2023.
It has also been revealed that the gold price right now in Pakistan is cheapest than in any other country, providing a valuable opportunity for people to buy gold as a safe investment.