Pakistan Gold Price Drops Rs3,800 Per Tola Amid International Market Decline
The gold price in Pakistan has decreased by Rs3,800 per tola on Thursday due to a decline in the international market. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the local market saw a decrease in gold prices. The APGJSA reported that 10-gram gold was sold at Rs388,749 after falling by Rs3,257 during the day.
The international rate of gold declined by $38 to reach $4,309 per ounce. This decline has had a ripple effect on the local market, leading to a decrease in gold prices in Pakistan. The price of silver also decreased by Rs73 to reach Rs6,869 per tola.