Gold Prices Drop Sharply, Per Tola Becomes Rs12,800 Cheaper

Gold prices in Pakistan continued to decline as the price of gold fell by Rs12,800 per tola today. After the latest reduction, the new price of one tola of gold has reached Rs438,136.

According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 10 grams of gold also decreased by Rs10,973, bringing the new price to Rs375,631.

Silver prices also recorded a decline. The price of one tola of silver fell by Rs325 and is now available at Rs6,578.

Meanwhile, gold prices also declined in the international market. Global gold prices fell by $128 to reach $4,156 per ounce.

Gold prices are influenced by several factors, including international market trends, changes in the value of the US dollar, global economic conditions and geopolitical tensions.