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Gold prices continue to decline for the second consecutive day in Pakistan

Gold prices in Pakistan on Tuesday continued to decline for the second consecutive day

As per the data released by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats) decreased by Rs2,200 per tola and Rs1,887 per 10 grams to settle at Rs205,000 and Rs175,754, respectively.

While, the price of silver managed to remain unchanged at Rs2,500 per tola and Rs2143.34 per 10 grams, respectively.

The gold Rate in Pakistan on 3 July 2023 stood at Rs. 211,000 per tola for 24-karat in the local bullion market.

The rate of yellow metal has been volatile in Pakistan recently amid continued political and economic uncertainty, and high inflation.

On the other hand, the price of the yellow metal in the international market today, increased for the second time by $17 to settle at $1,929 per ounce.

Saman Siddiqui

Saman Siddiqui, A freelance journalist with a Master’s Degree in Mass Communication and MS in Peace and Conflict Studies. Associated with the media industry since 2006. Experience in various capacities including Program Host, Researcher, News Producer, Documentary Making, Voice Over, Content Writing Copy Editing, and Blogging, and currently associated with OyeYeah since 2018, working as an Editor.

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