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Markets

Gold price drops by Rs1,000 per tola in Pakistan

  • International rate of gold declines by $10 to reach $4,040 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 Rs426,436 after a decline of Rs1,000 during the day.

Similarly, 10-gram gold was sold at Rs365,600 after it fell by Rs857, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Tuesday, gold price per tola reached Rs427,436 after a decline of Rs4,300 during the day.

The international rate of gold declined by $10 to reach $4,040 per ounce (with a premium of $20).

Meanwhile, the price of silver increased by Rs68 to reach Rs6,291 per tola.

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