Gold price per tola drops Rs6,800 in Pakistan
- International rate of gold declines by $68 to reach $4,480 per per ounce
Gold prices in Pakistan experienced a significant decline on Wednesday, mirroring losses in the international market, with per tola rates dropping by Rs6,800.
- Specific gold price drops in Pakistan.
- International market trends affecting local gold.
- The concurrent decrease in silver prices.
Gold prices in Pakistan decreased on Wednesday in line with their loss in the international market. In the local market, gold price per tola reached Rs470,362 after a decline of Rs6,800 during the day.
Similarly, 10-gram gold was sold at Rs403,259 after it fell by Rs5,830, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On Tuesday, gold price per tola remained stable at Rs477,162.
The international rate of gold declined by $68 to reach $4,480 per ounce (with a premium of $20).
Meanwhile, the price of silver also decreased by Rs125 to reach Rs7,974 per tola.