Markets

Gold price drops by Rs2,400 per tola in Pakistan

  • International rate of gold declines by $24 to reach $4,150 per ounce
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Gold prices in Pakistan decreased on Monday in line with their loss in the international market. In the local market, gold price per tola reached Rs437,436 after a decline of Rs2,400 during the day.

Similarly, 10-gram gold was sold at Rs375,030 after it fell by Rs2,058, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Saturday, gold price per tola reached Rs439,836 after a decline of Rs1,100 during the day.

The international rate of gold declined by $24 to reach $4,150 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs37 to reach Rs6,679 per tola.