Gold prices in Pakistan decline following international trends

Price per tola fell by Rs700, bringing it down to Rs275,500


News Desk October 05, 2024
Gold prices in Pakistan decline following international trends

Gold prices in Pakistan experienced a decrease on Saturday, aligning with a drop in international rates. In the local market, the price per tola fell by Rs700, bringing it down to Rs275,500. 

Similarly, the price for 10 grams of gold also saw a decline of Rs600, settling at Rs236,197, as reported by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

This shift follows a notable increase on Friday when gold prices surged by Rs1,800 to reach Rs276,200. 

The international gold rate also decreased on Saturday, with the price at $2,653 per ounce (including a premium of $20), reflecting a $7 drop during the day.

In contrast, silver prices remained stable at Rs3,050 per tola.

Last week marked a peak for gold prices in Pakistan, hitting a record high of Rs277,000 per tola.

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