Gold jewellery displayed at a market amid declining gold prices in Pakistan

Gold Prices in Pakistan decline by Rs700 per tola

Gold Prices: Gold Falls Rs700 Per Tola in Pakistan

Gold prices in Pakistan declined on Saturday, tracking a drop in the international market, while silver rates also recorded a decrease.

In the local market, the price of gold per tola fell by Rs700 to reach Rs410,936, according to rates released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

Similarly, the price of 10-gram gold decreased by Rs600 to settle at Rs352,311.

On Friday, gold prices had also declined, with the per-tola rate falling by Rs4,900 to Rs411,636.

In the international market, gold prices dropped by $7 to reach $3,884 per ounce.

Meanwhile, silver prices in the local market decreased by Rs124 to settle at Rs5,343 per tola.