KARACHI: Gold price in Pakistan decreased by Rs5,500 per tola on Thursday, November 14, reaching Rs 266,400 per tola as international rates faced a downward trajectory.
According to the All Pakistan Gems and Jewelers Association, 10-gram gold is being sold at Rs 228,395 in the local market after a decrease of Rs 4,716.
The downward trend was seen after the dip in the international market by $55 to $2,552 from $2,607.
Earlier on November 13, Gold prices in Pakistan jumped by Rs1,400 after a massive decline, reaching Rs271,900 per tola. The price of gold per tola across the country increased by Rs1400 reaching Rs278800.
The association said that 10 grams of gold became more than Rs233,111 after an increase of Rs1,200. Meanwhile, the international rate of gold increased on Wednesday.
As per APGJSA, the rate was $2,607 per ounce (with a premium of $20) and was up by $14 during the day.
Latest gold rate in Pakistan today
| Gold Rate | 24K Gold | 22K Gold | |||
|---|---|---|---|---|---|
| Per Tola Gold | Rs 266,400 | Rs 252,404 | |||
| Per 10 Gram Gold | Rs 228,395 | Rs 216,397 | |||
| Per 1 Gram Gold | Rs 23,607 | Rs 21,639 |
