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Gold Again Loses More Value in Pakistan As Global Rates Drop

Gold prices in Pakistan again declined on Friday, in line with losses in the international market.

The price of gold per tola decreased by Rs. 7,100 to reach Rs. 533,262, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

Similarly, 10-gram gold was sold at Rs. 457,186, down by Rs. 6,087. On Thursday, the price per tola had reached Rs. 540,362 after a decline of Rs. 2,900 during the day.

The international rate of gold also decreased by $71, bringing it to $5,105 per ounce, with a premium of $20.

Silver rates also declined by Rs. 324 to Rs. 8,851 per tola.

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