Today, on April 29th, 2024, gold rates saw a slight decrease, with the per tola price of 24 karat gold dropping by Rs 500 to Rs 243,900 compared to its sale at Rs 244,400 on the last trading day.
According to the All Sindh Sarafa Jewellers Association, the price of 10 grams of 24 karat gold also decreased by Rs 429 to Rs 209,105 from Rs 209,534. Similarly, the prices of 10 grams of 22 karat gold went down to Rs 191,680 from Rs 192,072.
However, silver prices remained stagnant, with the price of per tola and ten grams of silver staying at Rs 2,650 and Rs 2,271.94 respectively.
In the international market, the price of gold also witnessed a slight decrease, dropping by $2 to $2,335 from $2,337, as reported by the association.
While the decrease in gold prices may offer a favorable buying opportunity for investors, it’s essential to keep an eye on market trends for informed decisions. Factors such as global economic conditions, geopolitical tensions, and currency fluctuations can influence gold prices.
Investors and buyers alike can benefit from staying informed about these fluctuations to make the most out of their investments or purchases in precious metals.
As always, it’s advisable to consult with a financial expert before making any significant investment decisions. Stay updated with the latest market news to navigate the world of gold trading effectively.
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