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Markets

Gold price drops by Rs2,700 per tola in Pakistan

  • Reaches Rs494,062
Published Updated

Gold prices in Pakistan decreased on Friday in line with their loss in the international market. In the local market, gold price per tola reached Rs494,062 after a decline of Rs2,700 during the day.

Similarly, 10-gram gold was sold at Rs423,578 after it fell by Rs2,315, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Thursday, gold price per tola reached Rs496,762 after an increase of Rs7,800 during the day.

The international rate of gold declined by $27 to reach $4,717 per ounce (with a premium of $20).

On the other hand, the price of silver increased by Rs80 to reach Rs8,525 per tola.

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