Gold prices in Pakistan dip after recent spike

Date:

KARACHI (Web Desk) – After a sharp increase in gold prices over the past few days, the market witnessed a slight decline today (Friday).

According to the All Pakistan Jewellers Association, the price of gold per tola fell by Rs3,300, reaching Rs439,762.

Similarly, the price of 10 grams of gold decreased by Rs2,829, bringing it to Rs377,025.

In the international market, gold prices also eased, dropping by $33 per ounce to $4,174 per ounce.

This comes after yesterday’s significant surge, when the per tola price jumped by Rs8,300 to Rs443,062, marking a substantial increase in the local market.

Analysts attribute the recent fluctuations to global market trends and investor sentiment, which continue to influence domestic gold prices.

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