Gold prices continue to fall, becoming cheaper by thousands of rupees today

Pakistan is experiencing a continued significant drop in gold prices today. According to the All Pakistan Gems and Jewelers Association, the price of gold per tola has decreased by 9,500 rupees, settling at 494,662 rupees. Similarly, 10 grams of gold saw a reduction of 8,145 rupees, bringing its new selling price to 424,092 rupees. This local market trend mirrors a decline in the international market, where gold prices fell by 95 dollars per ounce. The international price per ounce now stands at 4,723 dollars, reflecting a global downward movement impacting local consumers and the jewelry industry.