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    HomeBusiness UpdatesEconomic InsightsPakistan Sees Further Drop in Gold Prices as International Rates Fall

    Pakistan Sees Further Drop in Gold Prices as International Rates Fall

    Due to the international rate’s decline, gold prices in Pakistan continued to decline on Friday. In the local market, the gold price per tola was Rs271,300, following a Rs2,000 decrease in a single day.

    According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the 10-gram gold was sold at Rs232,596 after experiencing a Rs1,715 decrease.

    The gold price per tola in Pakistan decreased by Rs2,600 on Thursday.

    On Friday, the international rate of gold experienced a decline. After losing $20 during the day, the rate was $2,601 per ounce, as per APGJSA. A premium of $20 was added to the price.

    In the interim, the price of silver remained at Rs3,350 per tola.

     

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