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Continuous Drastic Decline in Gold Prices in Pakistan

Karachi, Pakistan – In the ever-fluctuating world of precious metals, gold prices in Pakistan have been on a consistent downward trajectory. The latest data from the bullion market, as of Thursday, reveals a notable decline in gold rates.

For those eyeing the coveted 24-karat gold, the current rate per tola stands at Rs190,000, while enthusiasts of 22-karat gold can secure it for Rs174,167 per tola. Smaller investors looking for 10-gram increments will find 24-karat gold priced at Rs162,894 and 22-karat gold at Rs149,320 per 10 grams.

It’s worth noting that the price of pure gold in Pakistan has continuously descended, reflecting broader global market trends. These rates are sourced from reliable outlets primarily situated in Karachi and Multan.

However, a recent development has stirred uncertainty among consumers. The All Pakistan Jewelers Association, responsible for daily gold rate releases, has not provided official rates since September 5, 2023. This absence has left patrons of jewelry shops in a state of confusion regarding the most up-to-date pricing information.

For individuals closely tracking the gold market, it is advisable to remain vigilant as rates continue fluctuating in response to global developments within the gold industry.

Rest assured, our commitment to keeping our readers well-informed remains unwavering. We will diligently provide regular updates on the dynamic gold market in Pakistan. Stay tuned for the latest developments in gold prices.

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