Markets
Gold price drops by Rs12,627 per tola in Pakistan
- International rate of gold declines by $126 to reach $4,200 per ounce
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Gold prices in Pakistan decreased on Wednesday in line with their loss in the international market. In the local market, gold price per tola reached Rs442,436 after a decline of Rs12,627 during the day.
Similarly, 10-gram gold was sold at Rs378,170 after it fell by Rs11,364, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On Tuesday, gold price per tola reached Rs455,063 after a gain of Rs2,830 during the day.
The international rate of gold declined by $126 to reach $4,200 per ounce (with a premium of $20).
Meanwhile, the price of silver also decreased by Rs385 to reach Rs6,929 per tola.
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