Gold Price Decreases by Rs1,000 to Rs 207,300 Per Tola

Mon Mar 20 2023
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ISLAMABAD: Gold prices went down slightly by Rs 1000 on Monday in the domestic market. According to All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24 karats of gold declined by Rs1,000 per tola to Rs 207,300 while that of Rs858 per 10 grams went down by Rs 858 to close at Rs177,726 per tola.

The golden plate went up from Rs 97,500 to Rs208,300 per tola during the last week due to the country’s ongoing financial and economic turmoil.

Gold Price in International Market

Meanwhile, the yellow plate in the international market also witnessed a slight decline as investors booked profits after the asset rose above a one-year peak of over $2,000 earlier in the day, amid banking fears and increasing bets of a rate pause by the Federal Reserve.

In addition, silver prices in the domestic market remained stable at Rs2,250 per tola and Rs1,929 per 10 grams.

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