Karachi: (RightNow). A slight decrease in gold prices is observed across Pakistan. The price of gold per tola has dropped by Rs 1,000.

According to the All Pakistan Gems and Jewelers, this reduction is due to fluctuations in the gold market. The new price of gold is now Rs 462,136 per tola.

The price of 10 grams of gold also decreased by Rs 857, now standing at Rs 396,207. In the global market, gold prices fell by $10, reaching $4,396 per ounce.

This change is significant for gold buyers as the price drop could lead to an increase in jewelry purchases.

It is noteworthy that this decrease in gold prices is due to the imbalance in demand and supply in the global market.