Gold prices have undergone a significant downturn in both the Pakistani and Delhi markets, mirroring the broader global trend of decreasing gold prices. In Pakistan, the cost of gold per tola has plummeted by Rs.3,600, resulting in a revised price of Rs.213,700. Likewise, the price for ten grams of pure gold has fallen to Rs.183,213, and the rate for the same quantity in 22 karat has slid down to Rs.167,945.
In the Delhi market, the price for ten grams of 22-carat gold has seen a reduction of Rs.100, now standing at Rs.58,200, while 24-carat gold has experienced a decline of Rs.110, bringing the price down to Rs.63,480.
Accompanying the downward trend in gold prices, silver prices have also taken a hit in these regions. The rate for silver in Pakistan has fallen to Rs.2,600 per tola, with ten grams of silver experiencing a decline of Rs.42.86, closing at Rs.2,229.08. In Delhi, however, the price of silver remains steady at Rs.76,500 per kilogram.
These price movements coincide with the global trend of declining gold prices, witnessing a $22 drop and reaching $2,045. While this local dip in gold and silver prices may reflect specific market conditions, it aligns with the broader downward trajectory observed on a global scale.
