Gold price drops by Rs3,800 per tola in Pakistan

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 Rs429,736 after a decline of Rs3,800 during the day.

Similarly, 10-gram gold was sold at Rs368,429 after it fell by Rs3,258, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Saturday, gold price per tola reached Rs433,536 after a gain of Rs1,100 during the day.

The international rate of gold declined by $38 to reach $4,073 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs123 to reach Rs6,339 per tola.