· · 2 sources

Gold prices in Pakistan drop Rs3,000 per tola amid global losses

Gold prices in Pakistan fell by Rs3,000 per tola on Thursday according to the All-Pakistan Gems and Jewellers Sarafa Association.

Gold prices in Pakistan decline Rs3,000 per tola amid global losses
File photo Gold prices in Pakistan decline Rs3,000 per tola amid global losses Photo: Business Recorder

Local market rates adjust downward

The price of 24-karat gold per tola settled at Rs438,636 after the daily decline. A 10-gram piece of 24-karat gold sold for Rs376,059 following a drop of Rs2,572. Rates for 22-karat gold also fell by Rs2,358 to reach Rs344,733 per 10 grams.

International and silver prices fall

The international rate of gold decreased by $30 to reach $4,161 per ounce. Silver prices in the local market declined by Rs50 to settle at Rs6,528 per tola. The global price of silver also dropped by $0.50 to $60.50 per ounce.

All 2 outlets report consistently

No differences in figures, names or dates across these reports.

  • Business Recorder
  • Associated Press of Pakistan

Reported by

2 independent outlets. Headlines as published. Links open the original report.