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Massive Drop: Gold rates fall Rs 5,900 in Pakistan

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Gold Rates in Pakistan falls by Rs 5,900 per tola on Thursday, July 24, according to the All Pakistan Sarafa Gems and Jewellers Association.

The All Pakistan Sarafa Gems and Jewellers Association (APGJSA) stated that this price drop follows global trends, where the 24-karat gold rate has also surged and settling at Rs359,000.

In the local market, the price for 10 grams of 24-karat gold decreased by Rs 5,058, settling at Rs 307,784.

Internationally, gold is priced at $3,363 per ounce, showing a fall of $61 during the same period, according to data from APGJSA.

Meanwhile, silver prices decreased by Rs 24, bringing the rate to Rs 4,057 per tola. Similarly, the price of 10 grams of silver falls by Rs 20, now selling at Rs 3,478.

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