Gold price drops by Rs3,700 per tola in Pakistan

Gold prices in Pakistan decreased on Saturday in line with their loss in the international market. In the local market, gold price per tola reached Rs426,736 after a decline of Rs3,700 during the day.

Similarly, 10-gram gold was sold at Rs365,857 after it fell by Rs3,202, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Friday, gold price per tola reached Rs430,436 after a gain of Rs3,000 during the day.

The international rate of gold declined by $37 to reach $4,043 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs57 to reach Rs6,237 per tola.