Gold loses Rs5,600 per tola in Pakistan as global prices decline
- International rate of gold declines by $56 to reach $4,258 per ounce
Gold prices in Pakistan experienced a significant decline on Thursday, mirroring losses in the international market, with per tola gold dropping by Rs5,600.
- Local gold price per tola and 10-gram rates.
- International gold market trends and declines.
- Silver price movements in the local market.
Gold prices in Pakistan decreased on Thursday in line with their loss in the international market. In the local market, gold price per tola reached Rs448,336 after a decline of Rs5,600 during the day.
Similarly, 10-gram gold was sold at Rs384,375 after it fell by Rs4,801, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On Wednesday, gold price per tola reached Rs453,936 after a decline of Rs1,800 during the day.
The international rate of gold declined by $56 to reach $4,258 per ounce.
Meanwhile, the price of silver also decreased by Rs171 to reach Rs6,837 per tola.