Markets

Gold price drops by Rs14,900 per tola in Pakistan

  • International rate of gold declines by $149 to reach $4,156 per ounce (with a premium of $20)
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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 Rs438,036 after a decline of Rs14,900 during the day.

Similarly, 10-gram gold was sold at Rs374,205 after it fell by Rs13,410, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Thursday, gold price per tola reached Rs452,963 after a decline of Rs2,300 during the day.

The international rate of gold declined by $149 to reach $4,156 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs413 to reach Rs6,946 per tola.