Monday, May 29, 2023

Gold price in Pakistan is falling

The Gold tola price in Pakistan decreased on Thursday by Rs300, at the rates calculated by the Jewellers’ Association of the Sindh Sarrafa. Now, Rs110,300 sells a tola of gold.

By the time this report was submitted, the gold price was $1,811 per ounce on the world market. International gold prices impact local market pricing.

On the worldwide market, Ounce is the measure for quantifying gold, whereas in Pakistan tola is utilised. A tola is about 1/3 of an ounce…

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