Markets
Gold price drops by Rs15,500 per tola in Pakistan
- International rate of gold declines by $155 to reach $4,545 per ounce
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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 Rs476,862 after a decline of Rs15,500 during the day.
Similarly, 10-gram gold was sold at Rs408,832 after it fell by Rs13,289, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On Thursday, gold price per tola reached Rs492,362 after a gain of Rs1,000 during the day.
The international rate of gold declined by $155 to reach $4,545 per ounce (with a premium of $20).
Meanwhile, the price of silver also decreased by Rs972 to reach Rs8,232 per tola.
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