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Gold prices fall in Pakistan and Delhi markets

EditorNatashya Angelica
Published 17/01/2024, 09:33
Updated 17/01/2024, 09:39
© Reuters.

ISLAMABAD/NEW DELHI - Gold prices have seen a downturn in the markets of Pakistan and Delhi. In recent developments, the cost of gold per tola in Pakistan has decreased by Rs.600, bringing the price down to Rs.217,300. Similarly, the price for ten grams of pure gold has fallen to Rs.186,300. In Delhi, the price for ten grams of 22-carat gold has been reduced by Rs.100, now costing Rs.58,200, while 24-carat gold has experienced a reduction of Rs.110, taking the price to Rs.63,480.

Despite these local price adjustments, silver has maintained its stability in both regions. The rate for silver remains at Rs.2,650 per tola in Pakistan, and in Delhi, the price stands steady at Rs.76,500 per kilogram.

These price movements come at a time when gold prices are generally holding steady on a global scale. The decline in local gold prices may reflect market-specific conditions rather than a broader global trend. Investors and consumers in these markets are witnessing these changes as they unfold, with the current prices reflecting the latest valuations in the respective markets of Pakistan and Delhi.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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