Gold Crashes By Over Rs. 11,000 in Pakistan

Gold rates in Pakistan fell again on Wednesday after a similar trend observed in international gold rates.

BusinessNews Info Wire2 min read
Gold Crashes By Over Rs. 11,000 in Pakistan

Gold rates in Pakistan fell again on Wednesday after a similar trend observed in international gold rates.

Article outline

  1. What happened
  2. The key numbers
  3. The details
  4. The bottom line

Key points

  • In the international market, gold lost $113 to settle at $4, 315 per ounce, including a $20 premium.
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  • The cost of 24 karat gold closed at Rs.
  • The cost of 10 gram gold dropped to Rs.

Meanwhile, the cost of 24 karat gold closed at Rs. 454, 036 per tola after losing Rs. 11, 300, according to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).

Meanwhile, the cost of 10 gram gold dropped to Rs. 389, 262 after losing Rs. 9, 688. Senate Panel Recommends Extending Business Hours.

Gold lost Rs. 800 on Tuesday to close at Rs. 465, 336.

Meanwhile, silver rates declined on the same day. Rates closed at Rs. 6, 859 per tola after losing Rs. 270 on Wednesday. Stay Connected with ProPakistani.

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Taken together, the developments around gold Crashes By Over Rs. 11, 000 in Pakistan point to a situation that is still moving, and the coming days should bring more clarity.

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