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Gold Price Declines in Pakistan in Line With International Rates

Gold prices in Pakistan posted a small decrease on Thursday, as international rates continued to ease while still being closer to $5,200 per ounce.

In the local market, the price of gold per tola declined to Rs. 540,562 after gaining Rs. 700 during the day.

Similarly, 10-gram gold was sold at Rs. 463,444, up Rs. 600, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

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On Wednesday, gold per tola had closed at Rs. 541,262 after gaining Rs. 1,300 during the day.

In the international market, gold prices decreased by $7 to reach $5,178 per ounce, with a premium of $20.

Meanwhile, silver prices also fell, decreasing by Rs. 350 to settle at Rs. 9,204 per tola.

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Business Desk