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Gold Loses More Value in Pakistan As Global Rates Resume Fall

Gold prices in Pakistan fell again on Monday, in line with losses in the international market as seen last week.

The price of gold per tola dropped by Rs. 6,500 to reach Rs. 533,362, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

Similarly, 10-gram gold was sold at Rs. 457,271, down by Rs. 5,573. On Saturday, the price per tola had reached Rs. 539,862 after a decline of Rs. 6,100 during the day.

The international rate of gold also decreased by $65, bringing it to $5,106 per ounce, with a premium of $20.

Silver prices saw a slight decrease, losing Rs. 37 to Rs. 8,894 per tola.



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