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Gold Price Update: Pakistan’s Recent Decline

India gold price today

Gold price update Pakistan’s recent decline, gold prices in Pakistan have experienced a noticeable decline. On Tuesday, the price of gold saw a significant decrease, reflecting shifts in the market. This update provides insights into the latest trends and helps investors and consumers understand the current gold market landscape.

Gold Price Drop in Pakistan

On Tuesday, 24-karat gold price in Pakistan was priced at Rs252,300 per tola, showing a decline of Rs400. This drop indicates a significant change in the gold market.

The Karachi Sarafa Association reported that 24-karat gold was listed at Rs216,306 per 10-gram, marking a reduction of Rs344. This decrease aligns with the fall in the tola price.

For 22-karat gold, the price was reported at Rs198,281 per 10-gram, indicating a similar downward trend in pricing.

Silver Prices Remain Stable

In contrast, silver prices in Pakistan have remained unchanged. The price for 24-karat silver was steady at Rs2,860 per tola and Rs2,452 per 10-gram.

Global Gold Market Overview

On the global stage, spot gold was trading around $2,389 per ounce, reflecting a rise of $8.1 or 0.34% from the previous session. This increase highlights global market movements influencing gold price update.

Price Comparison

Here is a summary of gold and silver prices in Pakistan:

  • Gold (24-karat per tola)
    • July 30, 2024: Rs252,300
    • July 29, 2024: Rs252,700
    • Day-on-Day (DoD) Change: -Rs400
    • 1 Month Change: +Rs10,800
    • Fiscal Year-to-Date (FYTD): +Rs10,600
    • Calendar Year-to-Date (CYTD): +Rs32,300
  • Silver
    • July 30, 2024: Rs2,860
    • July 29, 2024: Rs2,860
    • Day-on-Day Change: Rs0
    • 1 Month Change: +Rs10
    • Fiscal Year-to-Date (FYTD): +Rs10
    • Calendar Year-to-Date (CYTD): +Rs180

For the latest gold price Update Pakistan’s recent decline and detailed reports on gold prices, visit Daily Gold Signal and explore the Daily Gold Update. Staying informed about these trends can help you navigate the fluctuating gold market effectively.

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