Markets
Gold price drops by Rs7,100 per tola in Pakistan
- International rate of gold declines by $71 to reach $4,642 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 Rs486,962 after a decline of Rs7,100 during the day.
Similarly, 10-gram gold was sold at Rs417,491 after it fell by Rs6,087, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On Wednesday, gold price per tola reached Rs494,062 after a gain of Rs15,300 during the day.
The international rate of gold declined by $71 to reach $4,642 per ounce (with a premium of $20).
Meanwhile, the price of silver also decreased by Rs350 to reach Rs7,634 per tola.
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