Pakistan Gold Prices Tumble Amid International Market Declines
Gold prices in Pakistan declined on Saturday due to losses in the international market. The price of gold per tola dropped by Rs500, reaching Rs459,936. In comparison, 10-gram gold was sold at Rs394,320 after falling by Rs429.
The All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) shared these rates with the market. On Thursday, the price of gold per tola had reached Rs460,436 after a loss of Rs3,500 during the day.
The international gold rate declined by $5 to $4,375 per ounce, including a $20 premium. Meanwhile, the price of silver increased by Rs13 to reach Rs6,949 per tola.