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Markets

Gold price drops by Rs25,500 per tola in Pakistan

  • Reaches Rs511,862 during the day
Published Updated

Gold prices in Pakistan decreased on Saturday in line with their loss in the international market. In the local market, gold price per tola reached Rs511,862 after a decline of Rs25,500 during the day.

Similarly, 10-gram gold was sold at Rs438,839 after it fell by Rs21,862, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Friday, gold price per tola reached Rs537,362 after a decline of Rs35,500 during the day.

The international rate of gold declined by $255 to reach $4,895 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs2,063 to reach Rs9,006 per tola.

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