KARACHI – On Wednesday, there was a notable drop in gold prices within the local market due to the strengthening of the Pakistani rupee against the US dollar.
Gold Price Drops in Pakistan Rs 2800 per Tola
As indicated by the Pakistan Gems and Jewellers Association, the cost for each tola of gold rose by Rs2,800 per tola, reaching Rs220,200. Meanwhile, the price of 10 grams surged by Rs2,401, settling at Rs188,786 per 10 grams.
Also Read: Today Gold Price in Pakistan | Gold Rate in Pakistan – August 3, 2023
On the global stage, the value of each ounce of the valuable resource dropped by $15, reaching $1936.