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Markets

Gold price drops by Rs400 per tola in Pakistan

  • International rate of gold declines by $4 to reach $4,713 per ounce
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 Rs493,662 after a decline of Rs400 during the day.

Similarly, 10-gram gold was sold at Rs423,235 after it fell by Rs343, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Friday, gold price per tola reached Rs494,062 after a decline of Rs2,700 during the day.

The international rate of gold declined by $4 to reach $4,713 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs12 to reach Rs8,513 per tola.

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