Following two days of significant gains, the price of gold in Pakistan held steady on Thursday.
Data from the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) revealed that the price of 24-carat gold remained unchanged at Rs. 219,000 per tola, with the rate for 10 grams standing at Rs. 188,615.
In the previous week, the price of this precious metal experienced a sharp decline, resulting in losses of Rs. 27,800 per tola. The current week started on a similar note with a drop of Rs. 2,600 per tola on Monday. However, the following two days, Tuesday and Wednesday, saw the price fall by Rs. 5,600 and Rs. 4,000 per tola, respectively.
In the international market, spot gold saw a slight increase of 0.1 percent, reaching $1,908.18 per ounce by 1121 GMT. Meanwhile, US gold futures experienced a 0.2 percent drop, settling at $1,929.60.