The All-Pakistan Sarafa Gems and Jewelers Association (APSGJA) has announced today’s gold prices, which show a further decrease. The price of one tola (24 carats) of gold is now Rs. 214,200, dropping by Rs. 1,100.
The price of 10 grams of gold has fallen by Rs. 943 and is now priced at Rs. 183,642. This decrease is attributed to the falling rates in the international market and the strengthening of the Pakistani rupee against the US dollar.
Yesterday, the price of gold was Rs. 215,300. Throughout the previous week, which ended on June 24th, the price of gold experienced a continuous downward trend, with a total decrease of Rs. 8,900 per tola.
In the international market, the price of gold has dropped to $1,922 per ounce, a decrease of $9. The APSGJA report also indicates that the price of gold bullion in Pakistan is Rs. 3,000 per tola lower compared to the Dubai market.
These days, gold is being sold at a relatively cheaper rate in Pakistan, providing a great opportunity for people to invest in this valuable commodity.
