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Gold Rate in Pakistan Falls Again, Down 2% from All-Time High Mark 

5 min read
Legal Expert
Gold Rate in Pakistan Falls Again, Down 2% from All-Time High Mark 
The price of gold in Pakistan fell for the second straight day on Thursday to settle below the Rs. 272,000 per tola mark.  According to data issued by the All-Sindh Sarafa Jewellers Association, the price of gold (24 carats) fell by Rs. 500 to Rs. 271,200 compared to its sale at Rs. 271,700 on the last trading day.   The price of 10 grams of 24 karat gold also decreased by Rs. 429 to Rs. 232,510 whereas the price of 10-gram 22 karat gold went down to Rs. 213,134.   It is pertinent to mention here that the price of gold in the local market posted a decline of Rs. 3,000 per tola yesterday, the first major decline in at least two weeks. The price of gold had surged to an all-time high of Rs. 277,000 per tola on September 26, 2024.  The price of gold in the international market decreased by $4 to $2,613 from $2,617, the Association said.  The price of per tola and ten-gram silver remained unchanged at Rs. 3,050 and Rs. 2,614.88, respectively. 
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Written by the expert legal team at Javid Law Associates. Our team specializes in corporate law, tax compliance, and business registration services across Pakistan.

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