Gold price declines by Rs4,100 per tola

Karachi: The Gold price in Pakistan declined by Rs4,100 per tola on Thursday.

As per the information provided bullion market, the cost of 24-carat gold experienced a decline of Rs4,100 per tola, reaching a value of Rs2,00,000.

Similarly, the price of 10 grams of 24-karat pure gold lost by Rs3,522 and traded at Rs171,468 as per bullion market.

The 22-karat gold, the current price stands at Rs183,333 per tola.

Meanwhile, the yellow metal of 22 karats of gold which is usually used for jewellery making, sold at the rate of Rs157,178 per 10 grams.

The price of 10 grams of silver is fixed at Rs2,700 per tola in the market.

It's important to note that the gold rates decreased for the sixth day in a row. These prices were discovered from reliable sources in the regional bullion markets, particularly in Multan and Karachi.

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 Rs1,400 per tola, reaching a value of Rs2,04,100.