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Markets

Gold price drops by Rs4,600 per tola in Pakistan

  • International rate of gold declines by $46 to reach $4,050 per ounce
Published Updated

Gold prices in Pakistan decreased on Friday in line with their loss in the international market. In the local market, gold price per tola reached Rs427,436 after a decline of Rs4,600 during the day.

Similarly, 10-gram gold was sold at Rs366,457 after it fell by Rs3,944, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Thursday, gold price per tola reached Rs432,036 after a decline of Rs1,800 during the day.

The international rate of gold declined by $46 to reach $4,050 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs61 to reach Rs6,309 per tola.

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