Gold prices in Pakistan experienced a significant decline, dropping by Rs1,400 per tola in the domestic market. The Sarafa Association reported that the price of 24-karat gold per tola stood at Rs239,600, while the price of 10 grams of gold decreased by Rs1,201 to settle at Rs205,418.
In the international market, the price of gold also witnessed a decrease, falling by $11 to close at $2,297 per ounce.
Meanwhile, silver prices remained stable, with the cost of one tola of silver remaining unchanged at Rs2,620, and the price of 10 grams of silver remaining steady at Rs2,246.22.
Below is a table summarizing the gold rates in Pakistan on May 3:
| Description | New Rate | Change |
|---|---|---|
| 24 karat gold per tola | Rs.239,600 | -1,400 |
| 24 karat gold per 10 grams | Rs.205,418 | -1,201 |
It’s worth noting that the previous day saw a decline in gold prices as well. The per tola price of 24-karat gold had decreased by Rs900 to settle at Rs241,000, while the price of 10 grams of gold had decreased by Rs771 to close at Rs206,619.
