Pakistan, May 9 -- The price of gold in Pakistan witnessed another decline today, continuing a trend that has brought slight relief to buyers amid high inflation and economic uncertainty.
According to the All Pakistan Gems and Jewellers Association, the price of 24-karat gold per tola dropped by Rs1,800, bringing it down to Rs350,900. Similarly, the price of 10 grams of gold fell by Rs1,543, now priced at Rs300,840.
The decrease follows a global trend, with international gold prices slipping by $18, currently standing at $3,325 per ounce in the global market. Analysts attribute this decline to a stronger U.S. dollar and reduced safe-haven demand, as geopolitical tensions showed signs of stabilizing.
Despite the drop, gold remains signi...
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