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Experts said that Due to the expectations of Imran Khan’s stabilization and the value of rupees increase against the US dollar, fall down the prices of gold.

PTI's Victory : From The Recovery Of Rupees The Gold prices lso Reduced

PTI’s Victory: From The Recovery Of Rupees The Gold prices also Reduced

KARACHI:  From the PTI’s clear majority in the national elections on the hopes of success and result of stabilization, local markets comes under forced to down the gold prices rapidly.

Consequently, on Saturday price of per tola and per gram of gold reached the lowest level of 5 months.

Although after the election, in the international billions market decreased by only $4, But contrary to local Sarafa markets, per tola gold price recorded in 3 days is Rs 2850, and recorded the 10-gram price of gold is Rs 2443.

Experts say that the main causes of fall down the Gold prices are the victory of Tehreek-e-Insaf in the general elections, the hopes of political stability from Imran’s speech and the increasing value of rupees against the US dollar.

According to the report, the price of Gold per tola in the markets of Karachi, Multan, Faisalabad, Lahore, Islamabad, Rawalpindi, and Quetta is Rs 56,000 and price of per 10 gram is 48311. However, the price of silver per tola is Rs.760 and price of per gram is Rs.651.

Ahmad Khan has been a film producer, private investigator, reporter, teacher, and screenwriter. Graphics Designer And Web Developer | CEO At Next Tech

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