KARACHI: In Pakistan, gold prices have taken a welcome dip, providing respite for consumers and investors. The tola price of gold saw a substantial decrease, falling by Rs400 in the domestic market.
This brought the price down to Rs209,200 per tola, according to Muhammad Arshad, the chairman of the All Pakistan Jewellers Manufacturers Association. Similarly, the rate for 10 grams of gold also experienced a decline, dropping by Rs343 to trade at Rs179,355.
Conversely, the global stage tells a different story, with gold prices on the rise. The current international rate stands at $1,975 per ounce. In contrast, domestic consumers in Pakistan are witnessing a favorable window for buying or investing in gold.
