Thursday, January 23, 2025
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Decrease in Gold Price Falls to Rs. 204,000 in Pakistan

The price of gold in Pakistan witnessed a minor decrease on Wednesday, closing at Rs. 204,000 per tola. According to data released by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-carat gold experienced a drop of Rs. 500 per tola, reaching Rs. 204,000. Simultaneously, the price of 10 grams decreased by Rs. 429, closing at Rs. 174,897.

Heading 2: Significant Fluctuations and Recent Decline

Following an increase of Rs. 800 per tola on Monday, the price of this precious metal encountered a substantial decline of Rs. 4,500 per tola. Today’s decrease contributes to an overall decline of Rs. 4,200 per tola in the past three days. These fluctuations in gold price have captured the attention of market participants and investors alike.

Heading 3: Global Market Movement

Meanwhile, in the international market, spot gold demonstrated a rise of 0.5 percent, reaching $1,942.15 per ounce by 1301 GMT. Similarly, US gold futures experienced a 0.5 percent increase, closing at $1,947.30.

Abdullah Naqvi
Abdullah Naqvi is a versatile content creator currently working at Translation.pk. With a strong background in writing, he contributes articles to various platforms including Gari.pk, Jobz.pk, Result.pk, PakistanJob.pk, ForexTrading.pk, BakraOnline.pk, Mobile-Phone.pk, and Jewellery.pk. His expertise spans multiple domains, making him a valuable asset in the fields of education, job markets, finance, technology, and e-commerce.

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