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Gold loses shine ; artificial bullish trend heads for reduction in market value

RAWALPINDI : Feb 7,2023; Gold keeps sliding in local market for consecutive session in the local market .

According to Markazi Sarafa Union Rawalpindi , the gold price for 24 karat a tola in local market today is Rs 199000.

The price of a tola gold for 22 karat is Rs 192800.

Likewise , the price of 10 gram gold for 24 karat is Rs 170610.

The price of 10 gram gold for 22 karat is Rs 165300 .

The price of a tola gold for 24 karat (bar) is Rs 202000.

Silver rate per tola in local market today is Rs 2200.

The gold prices in local market have been showing downward for the CA few days. A week ago, gild had touched the highest level ever in local market .

The experts count two reasons for bullish trend I. gold prices . First , surge in the global market and second devaluation of the local currency against US dollar .

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