Karachi (Republic Pk) the Gold prices continue to drop and have become cheaper by Rs 38,000 per tola in a few days.
According to the details, a major decline has been recorded in the price of gold in the global and local markets today as well and in a few days, gold has become cheaper by about Rs 38,000 per tola.
As the price of gold per ounce in the global market fell by another $97.20 to $4,102, the price of gold per tola in the local bullion markets also fell by another Rs 9,720 to Rs 432,716 on Thursday.
The price of gold per 10 grams at the local level fell by Rs 8,748 to Rs 369,422. Along with the price of gold, the price of silver per ounce in the global market fell by 40 cents to $64.10, as a result of which the price of silver per tola in the local bullion markets also fell by Rs 40 to Rs 6,889 and the price of silver per 10 grams also fell by Rs 36 to Rs 5,857.
It is also worth mentioning here that on Saturday, June 6, gold prices fell by Rs 12,489 per tola, after which gold became cheaper by Rs 3,094 per tola on Monday, June 8. The decline in prices continued and on June 10, a major decline of Rs 12,627 was recorded in the price of gold.