Markets

Gold price drops by Rs9,100 per tola in Pakistan

  • 10-gram gold was sold at Rs369,223
Published Updated

Gold prices in Pakistan decreased significantly on Saturday in line with their loss in the international market. In the local market, gold price per tola reached Rs430,662 after a decline of Rs9,100 during the day.

Similarly, 10-gram gold was sold at Rs369,223 after it fell by Rs7,799, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Friday, gold price per tola reached Rs439,762 after a decline of Rs3,300 during the day.

The international rate of gold declined by $91 to reach $4,083 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs209 to reach Rs5,313 per tola.