Gold price drops by Rs1,200 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 Rs466,762 after a decline of Rs1,200 during the day.

Similarly, 10-gram gold was sold at Rs400,173 after it fell by Rs1,028, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Tuesday, gold price per tola reached Rs467,962 after a gain of Rs3,200 during the day.

The international rate of gold declined by $12 to reach $4,444 per ounce (with a premium of $20).

Meanwhile, the price of silver remained the same at Rs8,361 per tola.