Gold price drops by Rs2,500 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 Rs456,962 after a decline of Rs2,500 during the day.

Similarly, 10-gram gold was sold at Rs391,771 after it fell by Rs2,143, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Tuesday, gold price per tola reached Rs459,462 after a decline of Rs10,700 during the day.

The international rate of gold declined by $25 to reach $4,346 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs212 to reach Rs7,718 per tola.