Gold prices suddenly reversed gains in Pakistan on Wednesday after international rates saw a sudden decrease in today’s session.
According to the All Pakistan Sarafa Gems and Jewelers Association, the price of gold per tola in Pakistan decreased by Rs. 8,600 to Rs. 467,762.
The price of 10 grams of gold also fell sharply by Rs. 7,373 to settle at Rs. 401,030.
Gold gained Rs. 4,600 on Tuesday to settle at Rs. 476,362.
In the international market, gold prices depreciated by $86 to settle at $4,454 per ounce.
Meanwhile, silver also depreciated today. It lost Rs. 259 to settle at Rs. 7,894 per tola on Wednesday.
