On the inaugural day of 2024, gold prices experienced a downturn in Pakistan.
The precious metal, colloquially referred to as the yellow metal, was valued at Rs219,700 per tola following a decline of Rs300 in Pakistani gold market on Monday.
In terms of 10 grammes, gold was traded at Rs188,357, reflecting a decrease of Rs258, as reported by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).
Notably, this came after a Rs900 per tola decrease in gold prices on the preceding Saturday.
Concurrently, the global gold rate exhibited stability at $2,082 per ounce on Monday, with an additional $20 premium per ounce, according to APGJSA.
In the realm of silver, rates held steady at Rs2,680 per tola in Pakistan.