Gold per tola drops by Rs4,700 in Pakistan

Gold prices in Pakistan decreased on Saturday in line with their decline in the international market. In the local market, gold price per tola reached Rs455,562 after a reduction of Rs4,700 during the day. Similarly, 10-gram gold was sold at Rs390,570 after it decreased by Rs4,030, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Friday, gold price per tola reached Rs460,262 after a gain of Rs5,700 during the day. The international rate of gold was down by $47 to reach $4,332 per ounce (with a premium of $20). Meanwhile, the price of silver decreased by Rs106 to reach Rs7,756 per tola.