Markets

Gold price drops by Rs5,600 per tola in Pakistan

  • International rate of gold declines by $56 to reach $4,017 per ounce
Published Updated

Gold prices in Pakistan decreased on Tuesday in line with their loss in the international market. In the local market, gold price per tola reached Rs424,136 after a decline of Rs5,600 during the day.

Similarly, 10-gram gold was sold at Rs363,628 after it fell by Rs4,801, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Monday, gold price per tola reached Rs429,736 after a decline of Rs3,800 during the day.
The international rate of gold declined by $56 to reach $4,017 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs50 to reach Rs6,289 per tola.