Gold price drops by Rs1,469 per tola in Pakistan

Gold prices in Pakistan decreased on Friday in line with their loss in the international market. In the local market, gold price per tola reached Rs467, 816 after a decline of Rs1, 469 during the day. Similarly, 10-gram gold was sold at Rs401, 012 after it fell by Rs1, 323, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Thursday, gold price per tola reached Rs469, 285 after a gain of Rs1, 523 during the day. The international rate of gold declined by $14 to reach $4, 453 per ounce (with a premium of $20). Meanwhile, the price of silver also decreased by Rs67 to reach Rs7, 730 per tola.

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