Gold price drops by Rs1,800 per tola in Pakistan

Gold prices in Pakistan decreased on Monday in line with their loss in the international market. In the local market, gold price per tola reached Rs522,762 after a decline of Rs1,800 during the day.

Similarly, 10-gram gold was sold at Rs448,184 after it fell by Rs1,543, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Saturday, gold price per tola reached Rs524,562 after a decline of Rs8,700 during the day.

The international rate of gold declined by $18 to reach $5,000 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs100 to reach Rs8,441 per tola.