Gold price drops by Rs1,000 per tola in Pakistan

Gold prices in Pakistan decreased on Saturday in line with their loss in the international market. In the local market, gold price per tola reached Rs431,236 after a decline of Rs1,000 during the day.

Similarly, 10-gram gold was sold at Rs369,715 after it fell by Rs730, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On June 23, gold price per tola reached Rs432,236 after a decline of Rs10,400 during the day.

The international rate of gold declined by $10 to reach $4,088 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs271 to reach Rs6,393 per tola.