Gold price per tola slashes Rs1,000 in Pakistan

After consecutive gains, gold prices in Pakistan fell on Thursday, reflecting a dip in international markets.

The price of gold per tola decreased by Rs1,000, bringing it down to Rs263,000 while 10-gram gold saw a decrease of Rs857, reaching Rs225,480, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

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Moreover, this follows Wednesday’s surge of Rs2,300, which pushed the per tola price to a record Rs264,000.

Additionally, on the global front, gold prices also declined, with the international rate dropping by $8 to $2,515 per ounce (including a $20 premium).

Furthermore, Silver prices, however, remained steady at Rs2,900 per tola.