Gold prices in Pakistan fell on Wednesday, following a decline in international markets. The price per tola dropped Rs1,000, reaching Rs434,762. Meanwhile, 10-gram gold fell by Rs857, closing at Rs372,738, according to the All-Pakistan Gems and Jewellers Sarafa Association. On Tuesday, gold had gained Rs5,900 per tola, showing volatility amid market shifts. Internationally, gold dropped […]
Precious Metals
Gold prices soar as international rates climb
ISLAMABAD – Gold prices surged sharply on Monday, with 24-karat gold tola rising by Rs7,400 to Rs429,862, up from Rs422,462 recorded the previous day, the All Pakistan Sarafa-Gems and Jewellers Association reported. The price of 10-gram 24-karat gold increased by Rs6,337 to Rs368,530, while 10-gram 22-karat gold moved up by Rs5,551 to Rs337,573. The rise […]
Gold Smuggling Rises in India
NEW DELHI – Gold smuggling into India has increased in recent weeks as the country prepares for Dhanteras and Diwali, according to government and industry sources. After import duties on gold were reduced to 6% from 15% last year, smuggling had fallen, but the recent spike in global prices and limited supply has renewed illicit […]