Markets
Gold price drops by Rs4,300 per tola in Pakistan
- International rate of gold declines by $43 to reach $4,050 per ounce
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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 Rs427,436 after a decline of Rs4,300 during the day.
Similarly, 10-gram gold was sold at Rs366,457 after it fell by Rs3,687, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On Monday, gold price per tola reached Rs431,736 after a gain of Rs4,000 during the day.
The international rate of gold declined by $43 to reach $4,050 per ounce (with a premium of $20).
Meanwhile, the price of silver also decreased by Rs174 to reach Rs6,223 per tola.