According to the latest updates, the price of gold has continued to fall for the fifth consecutive day in both the international and local markets. This decline has brought smiles to buyers but concern among jewelers. The drop in gold prices is big news for Pakistanis, especially those planning weddings or looking to invest in gold.
Read More: BISP 8171 Digital Payments System
Table of Contents
Latest Gold Rates in Pakistan
| Type | Price Decrease | New Price |
| Per Tola Gold | Rs. 2,000 decrease | Rs. 431,862 |
| 10 Grams Gold | Rs. 1,714 decrease | Rs. 370,252 |
Gold Prices in the International Market
In the international market, gold prices also saw a drop. The price per ounce of gold decreased by $20, now standing at $4,095. Experts say this decline is due to the strengthening of the US dollar, stable oil prices, and shifting investor interest toward the stock market.
| Market | Previous Price | Current Price |
| International (Per Ounce) | $4,115 | $4,095 |
Impact on Local Buyers
The continuous decline in gold prices is great news for people planning weddings or interested in buying jewelry for investment. Many buyers are now heading to the markets to take advantage of the lower rates. Experts believe that if the global market continues this downward trend, further reductions may be expected in the coming days.
Read More: Distribution of Free Laptops
Experts’ Opinion
According to market analysts, if the value of the dollar remains stable, gold prices may continue to decrease. However, any sudden changes in the international financial situation could cause the prices to rise again.
Read More: BISP Disqualification Payment
Final Thoughts
The ongoing five-day fall in gold prices has created a new trend in the market. With the per tola price now at Rs. 431,862 and 10 grams at Rs. 370,252, more buyers are expected to enter the market soon.
In current conditions, it’s fair to say:
“Gold has become cheaper — but for how long?”
This drop may be temporary, so for those planning to buy gold, now might be the best time to make a move.
Related Posts
