Gold price declines by Rs5,800 per tola

Karachi: The Gold price in Pakistan declined by Rs5,800 per tola on Thursday.

As per the information provided by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the cost of 24-carat gold experienced a decline of Rs5,800 per tola, reaching a value of Rs216,500. 

Similarly, the price of 10 grams of 24-karat pure gold lost by Rs4,972 and traded at Rs185,614.

Meanwhile, the yellow metal of 22 karats of gold which is usually used for jewellery making, sold at the rate of Rs 1,70,146 per 10 grams.

In the International market, the price of pure gold of 24 karats declined by $5 per ounce to $1,921 per ounce, as reported by the association.

On the other hand, the price of 24 karat silver per tola and per 10 grams also remained the same at Rs2,650 and Rs2,271, respectively.

Earlier, as per the information provided by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the cost of 24-carat gold experienced a decline of Rs10,500 per tola, reaching a value of Rs2,22,300.