Gold price drops by Rs2,400 per tola in Pakistan

Gold prices in Pakistan decreased on Thursday in line with their loss in the international market. In the local market, gold price per tola reached Rs454,562 after a decline of Rs2,400 during the day.

Similarly, 10-gram gold was sold at Rs389,713 after it fell by Rs2058, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Wednesday, gold price per tola reached Rs456,962 after a decline of Rs2,500 during the day.

The international rate of gold declined by $24 to reach $4,322 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs83 to reach Rs7,635 per tola.