Gold prices fall for third consecutive day

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The gold price continues to decrease significantly for the third consecutive day in Pakistan.

In Pakistani markets, the gold price has been slashed down by Rs3,300 per tola. According to All Pakistan Gems and Jewelers Association (APGJA), the current gold price in Pakistan stands at Rs303,000 on Thursday.

Likewise, the 10 grams of gold price has been decreased by Rs2,829 with its actual price standing at Rs259,773.

Meanwhile, the gold price in the global bullion market has also dropped by $29 while its current price standing at $2,887 per ounce.

It merits a mention that gold prices saw a global and local surge last week with the gold price in Pakistan reaching Rs309,500 on February 24.

Similarly, the gold prices rose significantly in the international market last week which directly impacts the local gold prices.

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