Markets

Gold price drops by Rs500 per tola in Pakistan

  • Reaches Rs474,862
Published Updated
1 min
Summary new

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 Rs474,862 after a decline of Rs500 during the day.

Similarly, 10-gram gold was sold at Rs407,117 after it fell by Rs429, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Tuesday, gold price per tola reached Rs475,362 after a decline of Rs2,400 during the day.

The international rate of gold declined by $5 to reach $4,525 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs83 to reach Rs8,034 per tola.