Pakistan Gold Prices Plummet Rs15,100 per Tola Amid International Decline

Gold prices in Pakistan dropped on Saturday following their decline in the international market. The All-Pakistan Gems and Jewellers Sarafa Association reported that gold price per tola reached Rs467,936 after a decrease of Rs15,100 during the day.

The association also noted that 10-gram gold was sold at Rs401,179 after it fell by Rs12,946. This decline in prices is linked to the international market, where the rate of gold declined by $151 to reach $4,454 per ounce with a premium of $20.

The price of silver also decreased by Rs397 to reach Rs7,112 per tola, according to the association's rates. The changes in gold and silver prices may have an impact on the local market as well as consumer behavior.