business
November 8, 2024
Gold prices drop by Rs5,400 per tola following US elections
A representational image of gold jewellery. — AFP/fileKARACHI: In a significant shift, gold prices in Pakistan dropped by Rs5,400 per tola on Thursday, reaching Rs276,800 in the local market, according to the All Sindh Saraf Jewellers Association.This decrease follows a downward trend in the international market, where gold rates fell by $65 to $2,662 per ounce following the US elections.The price of 10 grams of gold also dropped, decreasing by Rs4,630 to a new rate of Rs237,311, reflecting...