KARACHI: Gold price in Pakistan decreased by Rs1500 to Rs241,200 per tola in the local market on Thursday (May 30).
According to All Sindh Sarafa Jewellers Association, 10 grams of 24-karat gold price witnessed a decrease of Rs1286 and is being sold at Rs206,790.
These movements are closely linked to changes in the value of the US Dollar, indicating the close relationship between currency values and gold prices. This underscores the impact of global economic factors on local gold markets.
Internationally also, the gold price witnessed a drop by 17 dollars to 2335 dollars per ounce.
