Gold Rate

Gold and silver price reduces in Pakistan due to global market trends

Gold prices reached Rs.3,54,365 and silver reached Rs.3790

Gold and silver prices face a significant decrease in Pakistan and International market. According to All Pakistan Sarafa Bazar, price of 24 karat gold fell by Rs. 3800 and reached Rs. 3,54,365. The price of 10 gram gold fell by Rs. 3,258 to Rs. 3,03,810. Gold price in international market also fell $39 per ounce and reached $3327.

A fluctuation in silver price was also observed, where 24 karat silver fell by Rs. 9 to Rs.3,790 and 10 gram silver fell by Rs.8 and reached Rs. 3,249.

According to experts, Gold prices reduced because of global market trends, exchange rate and the behaviours of market investors. Investors have suggested the public that they will oversee the price changes because there is a chance of price fluctuation in global market.

 Also read: Gold prices hold steady in Pakistan amid global market stability

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The Northern Post is a bilingual digital news portal, brings you news and insights of the North-Pakistan, Khyber Pakhtunkhwa and Gilgit Baltistan.

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