As of Tuesday, the price of gold has decreased in both international and domestic markets, with the price per ounce falling by $12 to reach $2362 from the previous day’s level of $2362.
The price per tola has declined by Rs100, settling at Rs245,000 from the previous price of Rs241,000, and the price per ten grammes has decreased by Rs. 86, reaching Rs. 210,048. Both of these fluctuations have occurred locally.
Within the span of three days, the price of gold experienced a jump of Rs 2,900 earlier this week. Based on the present market conditions, market analysts have determined that the local market price of gold per tola should be established at Rs. 3,000. This decision was made because they believe that the rise in local gold prices can be attributed to the lack of buying activity.
