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Markets

Gold price drops by Rs500 per tola in Pakistan

  • Reaches Rs474,862
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 Rs474,862 after a decline of Rs500 during the day.

Similarly, 10-gram gold was sold at Rs407,117 after it fell by Rs429, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Tuesday, gold price per tola reached Rs475,362 after a decline of Rs2,400 during the day.

The international rate of gold declined by $5 to reach $4,525 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs83 to reach Rs8,034 per tola.

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