Advertisement
Categories: BusinessNewsPakistan

Gold Prices Plunge in Pakistan Amid Global Market Shifts

Advertisement

Gold and silver prices in Pakistan fell on Monday, reflecting shifts in the global market and currency fluctuations. According to the All Pakistan Sarafa Gems and Jewellers Association, gold prices dropped by Rs4,900 per tola, settling at Rs251,162. The price of 10 grams of gold also declined by Rs4,201 to Rs429,665.

Internationally, gold prices decreased by $49 per ounce to $4,788. Silver prices in the local market fell as well, dropping by Rs145 per tola to Rs8,417. Experts attributed this decline to global price fluctuations and changes in the dollar-rupee exchange rate.

Advertisement
News Desk

Recent Posts

Supernet Technologies Enters Next Phase of Growth; Board Approves Rs915 Million Rights Issue

Supernet Technologies Limited (PSX: STL) has announced that its Board of Directors has approved a…

29 minutes ago

PTCL confirms Nadeem Khan as Chief Executive Officer

The Board of Directors of Pakistan Telecommunication Company Limited (PTCL) today confirmed Nadeem Khan as…

22 hours ago

LUCKY INVESTMENTS EXPANDS ITS NATIONWIDE PRESENCE, OPENS NEW BRANCH IN LAHORE

Lucky Investments Limited ("Lucky Investments"), one of Pakistan's fastest-growing Shariah compliant Asset Management Companies, has…

1 day ago

LUMS Celebrates the Graduating Class of 2026 – More than 1,500 graduates were awarded

LAHORE: The Lahore University of Management Sciences (LUMS) celebrated the achievements of its graduating Class…

2 days ago

Meezan Bank Partners with LUMS to Advance Islamic Finance Education in Pakistan

Meezan Bank, Pakistan’s leading Islamic bank and one of the country’s largest banks, has partnered…

2 days ago

PTCL Flash Fiber surpasses 900,000 subscribers, reinforcing leadership in Pakistan’s fiber broadband market

Pakistan Telecommunication Company Limited (PTCL) has achieved another significant milestone as PTCL Flash Fiber, the…

5 days ago