Gold Price Drops in Pakistan as Global Market Remains Stable

The price of gold in Pakistan’s local bullion markets has declined, with 24-karat gold now selling at **Rs430,662 per tola**. These rates will remain effective until **3 PM on Monday, November 17**, after which the All Pakistan Sarafa & Jewellers Association will issue updated prices.
According to the Association, the price of 24-karat gold fell by **Rs9,100 per tola** on the previous day, bringing it down to the current level of Rs430,662. Similarly, the price of **10 grams of 24-karat gold** stands at **Rs369,223**.
In the local market, **silver** is being sold at **Rs5,313 per tola**, while **10 grams of silver** are priced at **Rs4,555**.
Meanwhile, in the international market, gold is trading at **$4,083 per ounce**. Experts attribute this decline to the strengthening of major global currencies and a cautious approach adopted by investors amid uncertain economic conditions.