Gold price drops by Rs10,700 per tola in Pakistan

Gold prices in Pakistan decreased on Tuesday in line with their loss in the international market. In the local market, gold price per tola reached Rs459,462 after a decline of Rs10,700 during the day.

Similarly, 10-gram gold was sold at Rs393,914 after it fell by Rs9,174, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Monday, gold price per tola reached Rs470,162 after a decline of Rs5,500 during the day.

The international rate of gold declined by $107 to reach $4,371 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs145 to reach Rs7,930 per tola.