Gold price per tola drops by Rs700 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 Rs540,562 after a decline of Rs700 during the day.

Similarly, 10-gram gold was sold at Rs463,444 after it fell by Rs600, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Wednesday, gold price per tola reached Rs541,262 after a gain of Rs1,300 during the day.

The international rate of gold declined by $7 to reach $5,178 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs350 to reach Rs9,204 per tola.