KARACHI – Pakistan’s gold market witnessed dramatic turnaround as bullion that had been touching record highs has now taken plunge.
On Tuesday, price of gold per tola has fallen sharply by Rs3,300, landing at Rs430,362. The 10-gram rate also tumbled by Rs2,829, now priced at Rs368,966.
Gold Rates in Pakistan
| City | Gold Price |
|---|---|
| Karachi | Rs430,362 |
| Lahore | Rs430,362 |
| Islamabad | Rs430,362 |
| Peshawar | Rs430,362 |
| Quetta | Rs430,362 |
| Sialkot | Rs430,362 |
| Hyderabad | Rs430,362 |
| Faisalabad | Rs430,362 |
Gold Prices
| Gold Type | Per Tola | Per 10 Gram |
| 22K Gold | 390,041 | 334,400 |
| 21K Gold | 372,312 | 319,200 |
| 18K Gold | 319,125 | 273,600 |
The downward trend is not limited to Pakistan as international bullion market saw gold lose $33 per ounce, dropping to $4,080 on the first business day of the week.
Silver wasn’t spared either, slipping by Rs27 per tola to Rs5,097, as precious metal investors brace for more volatility.
Gold starts Week Losing Thousands of Rupees in Pakistan; Check New Prices
