The record price of gold per tola in the country fell the most in the history of the country. In one week, the price of gold per tola in the barter markets of Pakistan, as well as the international market, fell by more than Rs 13,000. According to the details, gold prices in the global market, including Pakistan, broke all historical records during the last few years.
The price of gold per ounce in the world market had reached the level of 2,000. In Pakistan, the price of gold per tola exceeded Rs 130,000. However, this week saw a sharp decline in gold prices in the global and Pakistani markets. It has been reported that the price of gold per tola in Pakistan has decreased by more than Rs 13,000 in one week.
Today, Friday was a nationwide holiday in connection with Independence Day, so the barter markets remained closed. Thus, only 4 days were traded during this week. Yesterday, the price of gold per tola fell by another Rs 1,000 to Rs 119,000. While the price of ten grams of gold decreased by Rs 858 to Rs 1 lakh 2 thousand 23. On the first trading day of this week, the price of gold per tola fell by Rs 3,000, on the second trading day by Rs 2,900, and on the third trading day by Rs 6,100.
This was the biggest drop in the price of gold per tola in a single day in Pakistan. Thus, the price of gold per tola, which was more than Rs. 132 at the beginning of this week, has now come down to Rs. 119,000. It is being said that the fall in gold demand has led to a fall in prices