Markets
Gold price per tola drops by Rs2,900 per tola in Pakistan
- International rate of gold declines by $29 to reach $4,685 per ounce
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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 Rs490,862 after a decline of Rs2,900 during the day.
Similarly, 10-gram gold was sold at Rs420,835 after it fell by Rs2,486, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On Thursday, gold price per tola reached Rs493,762 after a decline of Rs5,200 during the day.
The international rate of gold declined by $29 to reach $4,685 per ounce (with a premium of $20).
Meanwhile, the price of silver also decreased by Rs142 to reach Rs7,957 per tola.