Markets
Gold price drops by Rs3,400 per tola in Pakistan
- 10-gram gold sold at Rs457,614 after it fell by Rs2,915
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Gold prices in Pakistan decreased on Friday in line with their loss in the international market. In the local market, gold price per tola reached Rs533,762 after a decline of Rs3,400 during the day.
Similarly, 10-gram gold was sold at Rs457,614 after it fell by Rs2,915, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On Thursday, gold price per tola reached Rs537,162 after a decline of Rs2,800 during the day.
The international rate of gold declined by $34 to reach $5,110 per ounce (with a premium of $20).
Meanwhile, the price of silver increased by Rs104 to reach Rs8,914 per tola.