Markets
Gold price drops by Rs800 per tola in Pakistan
- International rate of gold declines by $8 to reach $4,832 per ounce
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Gold prices in Pakistan decreased on Thursday in line with their loss in the international market. In the local market, gold price per tola reached Rs505,562 after a decline of Rs800 during the day.
Similarly, 10-gram gold was sold at Rs433,437 after it fell by Rs686, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On Wednesday, gold price per tola reached Rs506,362 after a gain of Rs12,700 during the day.
The international rate of gold declined by $8 to reach $4,832 per ounce (with a premium of $20).
Meanwhile, the price of silver also decreased by Rs30 to reach Rs9,903 per tola.
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