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Wednesday, July 17, 2024

Gold Price Decrease in Pakistan for Each Tola Down by Rs1,500

In the bustling city of Karachi, a curious phenomenon has taken place. Despite the global surge in the value of gold, a surprising twist occurred within our local market. While the precious metal’s worth soared across international trading floors, its trajectory here took an unexpected turn – a downward one. It’s as though the usual rules of economics decided to dance to a different tune in our corner of the world. This unexpected development coincides with the Gold Price Decrease in Pakistan, a divergence from the trends seen in other parts of the world..

Here’s some interesting news about gold prices! The price of a tiny piece of gold, called a tola, has gone up a lot—by Rs1,500! Now, that small piece of gold is worth Rs233,000.

But that’s not all! The price of 10 grams of super pure gold, which has 24 carats, has also gone up. It went up by Rs1,286, making the price Rs199,760.

Where did we get this shiny news? The All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) shared this information. It’s cool to keep an eye on gold prices, right?

In the big global market, the value of this special item ticked up by another dollar, finding its place at a remarkable $1,915 for each little bit. This increase brought a smile to investors worldwide. It’s like the item waved hello to a higher price point. Quite the exciting news for those who keep an eye on these things!

During that period, the value of silver held steady without any shifts. It remained consistent at Rs2,850 for each tola and Rs2,443.41 for every 10 grams, showing no alterations or fluctuations in its price. However, amidst this stability, a contrasting trend emerged with the Gold Price Decrease in Pakistan, highlighting a unique divergence in the precious metals market dynamics within the country.

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