KARACHI – Gold rates in Pakistan registered losses for the second day in a row on Tuesday.
Information provided by the All Pakistan Gems and Jewelers Association indicated that the cost of 24-carat gold experienced a decline of Rs 600 and was available for purchase at Rs 221,100 per tola.
Similarly, the rate for 10 grams of gold went down to Rs 189,560 following a decrease of Rs 514.
On the global market, the value of gold per ounce decreased by $13, leading to a price of $1927.
Within the country, the price of gold remained unstable due to ongoing uncertainty in both political and economic spheres, coupled with a surge in inflation. During such uncertain times, individuals are inclined to invest in bullion as a secure option.
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