Markets
Gold price drops by Rs10,000 per tola in Pakistan
- International rate of gold declines by $100 to reach $5,172 per ounce
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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 Rs539,962 after a decline of Rs10,000 during the day.
Similarly, 10-gram gold was sold at Rs462,930 after it fell by Rs8,573, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On Tuesday, gold price per tola reached Rs549,962 after a drop of Rs13,900 during the day.
The international rate of gold declined by $100 to reach $5,172 per ounce (with a premium of $20).
Meanwhile, the price of silver increased by Rs100 to reach Rs9,004 per tola.