Significant Drop in Gold Price in Pakistan

Karachi: After two consecutive days of price increases, the price of gold in Pakistan has witnessed a sudden and significant decrease of 5,000 Pakistani Rupees.
The price of a single tola of gold, which was previously at 282,800 PKR, has now fallen to 277,800 PKR. Similarly, the price of 10 grams of gold has dropped by 4,286 PKR, now standing at 238,169 PKR.
Analysts attribute this drop to a decrease in the international market price of gold. Gold market expert, Ahsan Ilyas, stated that the reduction in local prices is directly related to the global decline in gold prices, and no local factors have influenced this change.
The fluctuation in gold prices in Pakistan reflects the ongoing impact of global market trends.