Gold price per tola drops by Rs5,200 per tola 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 Rs493,762 after a decline of Rs5,200 during the day.

Similarly, 10-gram gold was sold at Rs423,321 after it fell by Rs4,458, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Wednesday, gold price per tola reached Rs498,962 after a decline of Rs1,200 during the day.

The international rate of gold declined by $52 to reach $4,714 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs225 to reach Rs8,099 per tola.