The gold prices in Pakistan experienced a third consecutive day of decline, settling at Rs. 213,700 per tola on Thursday. Data from the Karachi Sarafa Association revealed a decrease of Rs. 1,600 per tola for 24-carat gold, bringing its price down, while the cost of 10 grams declined by Rs. 1,372 to reach Rs. 183,213.
Also Read: Gold Prices Surge in Pakistan: 24K Reaches New Heights
Earlier in the week, the precious metal’s price had initially increased by Rs. 450 per tola on Monday but then faced a decline of Rs. 600 per tola on Tuesday. Subsequently, Wednesday witnessed a more significant dip of Rs. 2,000 per tola. In total, gold prices have decreased by Rs. 3,750 per tola over the course of the current week.
On the international front, gold prices in the global market remained near five-week lows on Thursday. Spot gold exhibited a slight increase, rising 0.1 percent to $2,008.59 per ounce by 0347 GMT, while US gold futures saw a 0.2 percent rise to $2,010.70.
