Gold prices fall by Rs1,600 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 Rs439,036 after a decline of Rs1,600 during the day.

Similarly, 10-gram gold was sold at Rs376,402 after it fell by Rs1,372, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Friday, gold price per tola reached Rs440,636 after a gain of Rs2,800 during the day.

The international rate of gold declined by $16 to reach $4,165 per ounce.

Meanwhile, the price of silver also decreased by Rs81 to reach Rs6,175 per tola.