Gold prices in Pakistan fell sharply on Friday, which led to the international market.
According to the All Pakistan Johrrats and Jewelers Surfa Association (APG JSA), the price of gold per toll fell by rupee. 420,600 to fix Rs 4,578. The price of 10 grams of gold also declined, which decreased the rupee. RS 3,924. 360.597.
On Thursday, gold prices RS. 425,178 per tula.
Internationally, gold prices have also been withdrawn, with the rate of $ 3.995 an ounce (including $ 20 premium), standing below $ 44 for the day, as the APG JSA reported.
On the contrary, silver prices in the local market continued their trend. The price of silver per tola rose in rupees. To reach a new all -time height of Rs 34. 5,100.
Despite the daily decline, international gold prices were less than 000 000 ounces on Friday, and they were on the way for the eighth collective weekly benefit. In addition to the ongoing geographical political and economic uncertainty of precious metal, the US Federal Reserve has supported the increasing expectations of a further decline in interest rates.
If or 0514 GMT, spot gold was 0.1 percent to $ 3,971.43 an ounce, but 2.2 % higher for the week.