Markets
Gold price drops by Rs21,500 per tola in Pakistan
- International rate of gold declines by $215 to reach $4,676 per ounce
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Gold prices in Pakistan decreased on Monday in line with their loss in the international market. In the local market, gold price per tola reached Rs490,362 after a decline of Rs21,500 during the day.
Similarly, 10-gram gold was sold at Rs420,406 after it fell by Rs18,433, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On Saturday, gold price per tola reached Rs511,862 after a decline of Rs25,500 during the day.
The international rate of gold declined by $215 to reach $4,676 per ounce (with a premium of $20).
Meanwhile, the price of silver also decreased by Rs601 to reach Rs8,405 per tola.
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