Gold price drops by Rs4,700 per tola in Pakistan
- International rate of gold declines by $47 to reach $4,078 per ounce
Gold prices in Pakistan experienced a significant decline on Wednesday, mirroring losses in the international market, with per tola gold dropping by Rs4,700.
- Local gold price per tola and 10-gram rates.
- International gold market decline.
- Silver price movements.
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 Rs430,236 after a decline of Rs4,700 during the day.
Similarly, 10-gram gold was sold at Rs368,858 after it fell by Rs4,029, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On Tuesday, gold price per tola reached Rs434,963 after a decline of Rs2,500 during the day.
The international rate of gold declined by $47 to reach $4,078 per ounce (with a premium of $20).
Meanwhile, the price of silver also decreased by Rs138 to reach Rs6,421 per tola.