Gold Price Decreases by Rs.1,500 to Close at Rs 233,000 Per Tola

Mon Aug 28 2023
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ISLAMABAD: The per tola price of 24 karats of gold witnessed a decrease by Rs.1,500 on Monday and was available in the market at Rs. 233,000 against its previous day price of Rs. 234,500, as reported by All Sindh Sarafa Jewellers Association

Meanwhile, the price of 10 grams of 24 karats of gold also went down by Rs.1,286 to close at Rs.199,760 from Rs 201,046 on the previous day, whereas the rate of 10 grams of 22 karats of the precious metal decreased to Rs183,113 from the previous rate of Rs 184,292 the other day.

However, the price per tola and ten grams of the white plate (silver) experienced no change and settled at RS 2,850 and Rs 2,443.41, respectively.

Gold Price at International Market

Unlike the local market, the price of the yellow plate in the international market went up and observed an increase of $1 to settle at $1,915 per ounce from $1,914 the previous day.

Gold Prices in the country fluctuated during the last couple of months, with repeated increases in rates due to ongoing economic unrest and other times due to the increase in the international market. It was a little unprecedented when the price of the yellow plate went down despite an increase in the international market.

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