The price of gold in Pakistan continued its downward trajectory for the fifth straight day, sustaining pressure on the precious metal.
Gold Rates in Pakistan Today – 14 December 2023 Thursday witnessed the price of a single tola of 24 karat gold hovering at Rs215,300.
Simultaneously, the price for 10 grams of 24 karat gold experienced a significant drop of Rs170, reaching Rs184,590, while each tola of 22 karat gold decreased to Rs197,360.
However, in the international market, there was a resurgence in the value of the yellow metal, with the new rate standing at $2030 per ounce.
The consecutive decline in gold prices within Pakistan contrasts with the international market trend, indicating a localized influence on this precious commodity. This fluctuation highlights the sensitivity of gold prices to various market dynamics, both within the country and globally. Investors and consumers continue to monitor these fluctuations closely, assessing their implications on both domestic and international economic landscapes.