Gold Prices Drop in Global and Local Markets

Gold prices took a slight dip this week, impacting both global and local markets. If you’re planning to invest in gold jewelry or bars for your big day, now might be a great time to keep an eye on the market trends!

In the international market, gold prices fell by $9 per ounce, settling at $3,326. Locally, the price per tola (11.66 grams) dropped by Rs900, now at Rs355,100. For those eyeing smaller quantities, 10 grams of gold decreased by Rs771, reaching Rs304,441.

Other precious metals followed suit. Spot gold saw a 0.6% decline to $3,335.77 per ounce, while spot silver dropped 0.4% to $37.77 per ounce. Platinum and palladium also eased, with prices at $1,412.78 and $1,223.03, respectively.

Whether you’re a bride-to-be or a savvy investor, staying updated on gold prices can help you make informed decisions. Check back with us for the latest market updates to plan your purchases wisely!