Markets
Gold price drops by Rs11,000 per tola in Pakistan
- International rate of gold declines by $110 to reach $4,455 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 Rs468,262 after a decline of Rs11,000 during the day.
Similarly, 10-gram gold was sold at Rs401,459 after it fell by Rs9,430, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On Wednesday, gold price per tola reached Rs479,262 after a gain of Rs15,200 during the day.
The international rate of gold declined by $110 to reach $4,455 per ounce (with a premium of $20).
Meanwhile, the price of silver also decreased by Rs340 to reach Rs7,484 per tola.
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