Gold price per tola drops by Rs4,900 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 Rs501,162 after a decline of Rs4,900 during the day.

Similarly, 10-gram gold was sold at Rs429,665 after it fell by Rs4,201, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Saturday, gold price per tola reached Rs506,062 after a gain of Rs4,500 during the day.

The international rate of gold declined by $49 to reach $4,788 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs145 to reach Rs8,417 per tola.