Gold prices in Pakistan took a notable dip on Monday, as the rate for 24-karat gold decreased by Rs1,700, bringing the new price to Rs274,500 per tola, according to the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA).
Similarly, the price of 24-karat gold per 10 grams declined by Rs1,457, now standing at Rs235,340.
For 22-karat gold, the price dropped to Rs215,728 per 10 grams, reflecting the downward trend in the market.
In contrast, silver prices remained unchanged. The rate for 24-karat silver stayed steady at Rs3,400 per tola and Rs2,915 per 10 grams.
Meanwhile, on the global stage, spot gold prices also experienced a decline, trading at $2,635 per ounce, marking a decrease of $10.5 or 0.40% from the previous session.
This decline follows a fluctuating trend in the international and domestic markets, influenced by shifting investor sentiment and global economic conditions.
