The price of silver per tola drop by Rs212 to Rs7,718.
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Web Desk
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The gold prices in Pakistan recorded a sharp decline on Wednesday, with the price of gold falling by Rs2, 500 per tola, according to the All Pakistan Gems and Jewellers Association (APGJA).
The association said the per tola price of gold dropped to Rs456,962 across the country. Likewise, the price of 10 grams of gold decreased by Rs2,143 to Rs391,771.
In the international market, the price of gold fell by $25 to $4,346 from $4,371 per ounce.
Moreover, the price of silver per tola drop by Rs212 to Rs7,718, while the price of 10 grams of silver decreased by Rs182 to Rs6,616.
Internationally, Silver prices also declined by $2.12 to $72.43 per ounce.
Experts say the local gold market may stay unstable in the next few days, as prices usually move in line with international trends and investor behavior. This situation is keeping buyers and traders alert as they wait to see how prices change.
Gold is known worldwide as both a valuable investment and a popular metal for making jewellery. Because it is traded globally, its price is affected by many economic and political factors. In general, gold prices depend on a mix of global financial conditions, investor confidence, and actual demand in the market.
