Gold Rates Today: May 3rd, 2024

Today’s gold market brings a welcome news for buyers as gold rates witness a significant decrease. According to the latest report from the All Sindh Sarafa Jewellers Association, the price of gold has dropped by Rs 1,400 per tola to Rs 239,600. This decline marks a notable shift from the last trading day when gold was sold at Rs 241,000 per tola.

For those looking to purchase 24 karat gold, the price has decreased by Rs 1,400 per tola, settling at Rs 239,600 today, down from Rs 241,000 previously. Similarly, the price of 10 grams of 24 karat gold has seen a decrease of Rs 1,201, now priced at Rs 205,418 compared to Rs 206,619 earlier.

For buyers interested in 22 karat gold, the prices have also witnessed a decline. The price of 10 grams of 22 karat gold has gone down to Rs 188,300 from Rs 189,400, offering a more affordable option for those in the market for gold jewelry.

Despite the decrease in gold prices, silver rates remain steady. The price of per tola silver remains constant at Rs.2,620, while ten grams of silver are priced at Rs 2,254.80.

Internationally, the price of gold has seen a slight decline as well. It has decreased by $11 to $2,297 from $2308, according to the association’s report. This synchronized decrease in both local and international markets presents a favorable opportunity for gold enthusiasts and investors alike.

In summary, today’s gold rates show a significant decrease, making it an opportune moment for those considering investing in or purchasing gold. Stay updated with the latest market trends to make informed decisions regarding your investments and purchases.

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