Gold price drops by Rs1,000 per tola in Pakistan

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 Rs443,162 after a decline of Rs1,000 during the day.

Similarly, 10-gram gold was sold at Rs379,939 after it fell by Rs858, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Tuesday, gold price per tola reached Rs444,162 after a decline of Rs2,700 during the day.

The international rate of gold declined by $10 to reach $4,208 per ounce (with a premium of $20).

Meanwhile, the price of silver increased by Rs81 to reach Rs6,085 per tola.