Markets
Gold loses Rs5,600 per tola in Pakistan amid global market losses
- International rate of gold declines by $56 to reach $4,342 per ounce
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Gold prices in Pakistan decreased on Friday in line with their loss in the international market. In the local market, gold price per tola reached Rs456,736 after a decline of Rs5,600 during the day.
Similarly, 10-gram gold was sold at Rs391,577 after it fell by Rs4,801, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On Thursday, gold price per tola reached Rs462,336 after a decline of Rs600 during the day.
The international rate of gold declined by $56 to reach $4,342 per ounce earlier today.
Meanwhile, the price of silver also decreased by Rs253 to reach Rs6,871 per tola.