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Markets

Gold price drops by Rs4,700 per tola in Pakistan

  • International rate of gold declines by $47 to reach $4,078 per ounce
Published Updated

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 Rs430,236 after a decline of Rs4,700 during the day.

Similarly, 10-gram gold was sold at Rs368,858 after it fell by Rs4,029, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Tuesday, gold price per tola reached Rs434,963 after a decline of Rs2,500 during the day.

The international rate of gold declined by $47 to reach $4,078 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs138 to reach Rs6,421 per tola.

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