Gold price drops by Rs600 per tola in Pakistan

Gold prices in Pakistan decreased on Saturday in line with their loss in the international market. In the local market, gold price per tola reached Rs481,862 after a decline of Rs600 during the day.

Similarly, 10-gram gold was sold at Rs413,118 after it fell by Rs515, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Friday, gold price per tola remained stable at Rs482,462.

The international rate of gold declined by $6 to reach $4,595 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs43 to reach Rs9,482 per tola.