Gold prices decrease by thousands of rupees per tola in Pakistan

KARACHI -- Gold prices in Pakistan decreased on Friday in line with their loss in the international market. In the local market, gold price per tola reached Rs427,436 after a decline of Rs4,600 during the day.

Similarly, 10-gram gold was sold at Rs366,457 after it fell by Rs3,944, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Thursday, gold price per tola reached Rs432,036 after a decline of Rs1,800 during the day. The international rate of gold declined by $46 to reach $4,050 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs61 to reach Rs6,309 per tola.