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Gold Prices Drop in Pakistan By PKR 1,600 Per Tola As Trade Anxiety Eases

admin-augaf by admin-augaf
April 28, 2025
in Business, Finance, International, News, Politics
Reading Time: 1 min read
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Gold Edges Higher as Dollar Dips Ahead of U.S. Jobs Data
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Karachi April 28 2025: The price of 24 karat per tola gold witnessed decrease of PKR 1,600 and was sold at PKR 347,100 on Monday against its sale at PKR 348,700 on the last trading day, All Pakistan Sarafa Gems and Jewelers Association reported.

The price of gold in the international market decreased by US$ 16 to US$ 3,289 from US$ 3,305, the Association reported.

Gold prices dipped for a second straight session on Monday as U.S.-China trade tensions eased, and the market awaited data due this week.

“Gold prices are still dealing with the improved optimism over a U.S.-China trade deal even though there is a lack of clarity,” Zain Vawda, analyst at MarketPulse by OANDA, said.

The prices of 10 grams of 24 karat also decreased by PKR 1,368 to PKR 297,582 from PKR 298,950 whereas that of 10 gram 22 Karat went down to PKR 272,784 from PKR 274,047.

The rates of per tola and ten gram silver remained constant at PKR 3,497 and PKR 2,998 respectively.

Tags: CommodityGoldTariff
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