KARACHI: The price of gold in Pakistan on Tuesday dropped to Rs270,500 per tola in Pakistan, on the second trading day of the week.
According to data issued by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-Karat gold fell by Rs7,000 per tola.
The price of 10 gramme of gold alo dropped by Rs6,000 settling at Rs231,911.
Silver prices also dropped today, the price of 24-karat silver dropped by Rs50 to Rs3,250 a tola, while the price of ten-gramme silver dropped by Rs43 to Rs2,786.
In recent weeks, gold prices have seen a record increase due to rising demand for safe assets.