On Wednesday, the price of gold in Pakistan fell by Rs. 1,200 per tola to Rs. 211,800.
Gold Prices Fell By Rs. 1200 per Tola
The price of 24 carats fell by Rs. 1,200 per tola to Rs. 211,800, according to data released by the All-Pakistan Gems and Jewellers Association (APGJA), while the price of 10 grams fell by Rs. 1,029 to Rs. 181,584.
After falling by Rs. 1,200 per tola on Monday, the price increased by Rs. 900 per tola on Tuesday.
At 5 p.m. (Pakistan Standard Time), international rates were $1,983.
It is worth noting that precious metal prices have fallen after breaking through the $2,000 barrier last week, aided by strong safe-haven inflows caused by the Israel-Palestine conflict.
To read our blog on “Gold market introduces a new formula to detect actual price,” click here.