Gold prices in Pakistan suddenly erased Saturday’s gains today in both local and international markets after a sudden decline in bullion rates with traders across Gulf and European markets impatientt over uncertainty in US-Iran talks.
In the international bullion market, gold lost $49 per ounce to reach $4,788 per ounce. In Pakistan, the price of per tola gold decreased by Rs. 4,900, reaching Rs. 501,162 per tola.
Similarly, the price of 10 grams of gold decreased by Rs. 4,201, reaching Rs. 429,665.
The price of gold was Rs. 506,062 per tola on Saturday.
Meanwhile, silver prices also moved downward. The price of per tola silver decreased by Rs. 145 to Rs. 8,417.
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