Gold Prices in Pakistan Drop Sharply by Rs5,400

November 7, 2024

Gold prices in Pakistan saw a significant decline of Rs5,400 on Thursday, following global market trends triggered by Donald Trump’s victory in the 2024 US presidential election.

According to data from the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold per tola dropped by Rs5,400, bringing it down to Rs276,800 in the local market.

Similarly, the price of 10 grams of 24-karat gold fell by Rs4,630, now standing at Rs237,311.

In the international market, the price of gold also experienced a sharp drop, falling by $65 to $2,662 per ounce, with an additional premium of $20.

In line with the decrease in gold prices, silver prices in Pakistan also dropped by Rs130, with the price per tola reaching Rs3,300.

Latest News

Rauf’s Five-Wicket Blitz and Strong Opening Pair Power Pakistan to Commanding Victory

November 8, 2024

Haris Rauf’s stunning five-wicket haul, along with a dominant display by openers Saim Ayub and Abdullah Shafique, propelled Pakistan to a comfortable 9-wicket victory over Australia in the second ODI at the Adelaide Oval. This decisive win, sealed with a six from captain Babar Azam, leveled the three-match series 1-1,

Prime Minister Shehbaz Sharif has affirmed the government’s commitment to achieving a $25 billion target in IT exports over the next three years.

November 8, 2024

During a meeting with a VEON Group delegation in Islamabad today, he highlighted the government’s efforts to strengthen and advance the telecommunications sector. The Prime Minister mentioned ongoing initiatives aimed at launching 5G services to ensure faster and more reliable internet across Pakistan, supporting the vision of Digital Pakistan. He

Non-Interference to Shape Pakistan-US Relations under Trump: Foreign Office

November 8, 2024

ISLAMABAD: Pakistan anticipates that relations with the United States under president-elect Donald Trump will continue on a foundation of “mutual respect and non-interference” in each other’s internal matters. Addressing reporters during her weekly briefing, Foreign Office spokesperson Mumtaz Zahra Baloch stated, “Pakistan and the United States are longstanding friends and

Gold Prices in Pakistan Drop Sharply by Rs5,400

November 7, 2024

Gold prices in Pakistan saw a significant decline of Rs5,400 on Thursday, following global market trends triggered by Donald Trump’s victory in the 2024 US presidential election. According to data from the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold per tola dropped by Rs5,400, bringing