· · 2 sources

Gold prices in Pakistan fall by Rs3,000 per tola on Thursday

Gold prices in Pakistan dropped on Thursday as rates from the All Pakistan Sarafa Gems and Jewellers Association showed a decline of Rs3,000 per tola.

Gold prices decline by Rs3,000 per tola
File photo Gold prices decline by Rs3,000 per tola Photo: Associated Press of Pakistan

Local market rates adjust downward

The price of 24-karat gold per tola fell to Rs431,536 after decreasing by Rs2,572 for the 10-gram unit. Rates for 22-karat gold also declined by Rs2,358 to reach Rs339,153 for a 10-gram piece.

International and silver prices drop

Global gold prices decreased by $30 to settle at $4,090 per ounce according to the association report. Silver prices in Pakistan also fell by Rs121 per tola while international silver rates dropped by $1.21.

Previous day comparison provided

Wednesday saw a smaller decline of Rs900 bringing the local price per tola to Rs434,536 before Thursday's sharper drop occurred.

All 2 outlets report consistently

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

  • Associated Press of Pakistan
  • Business Recorder

Reported by

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