The gold price in Pakistan has dropped by a significant 3,000 rupees for one tola. Now, if you’re wondering what that means, one tola of gold is sitting at around 271,700 rupees right now.
The price for 10 grams of gold also fell, going down by about 2,572 rupees. So, if you’re keeping track, the current price for 10 grams of gold is around 232,939 rupees. This news has jewelry lovers and investors raising their eyebrows, wondering what’s next for gold in the country.
In the global market, gold isn’t doing great either. Prices have dropped by 30 dollars per ounce, which now stands at 2,617 dollars. This is affecting how things are going here in Pakistan as well.
Just to put it in perspective, yesterday the price had already decreased by 1,000 rupees. So, in just two days, we’ve seen a total drop of 4,000 rupees in the gold price in Pakistan.
People are speculating about what’s causing this drop. Is it the global market’s ups and downs, or are there other factors at play? Whatever the reason, it’s clear that gold prices are on a roller coaster ride, and folks are watching closely.
