KARACHI – Gold and silver prices took hit over the weekend, both globally and locally. Saraffa Association reports that the international price of gold dropped by $9 per ounce, bringing it down to $3,335 per ounce.
Locally, 24-carat gold plunged by Rs 900 per tola to Rs 356,200, while the 10-gram rate fell by Rs 771 to Rs 305,384.
Today Gold Rates
City | Gold | Silver |
Karachi | 356,200 | Rs4,031 |
Lahore | 356,200 | Rs4,031 |
Islamabad | 356,200 | Rs4,031 |
Peshawar | 356,200 | Rs4,031 |
Quetta | 356,200 | Rs4,031 |
Silver didn’t escape the slide either, with the per tola price declining by Rs 41 to Rs 4,031 and the 10-gram rate dropping by Rs 36 to Rs 3,455.
Experts warn that the ongoing volatility in global markets could continue to shake precious metals prices, leaving investors on edge as the economic landscape shifts.