Gold price drops by Rs3,200 per tola in Pakistan

Gold prices in Pakistan decreased on Monday in line with their loss in the international market. In the local market, gold price per tola reached Rs523,762 after a decline of Rs3,200 during the day. Similarly, 10-gram gold was sold at Rs449,041 after it fell by Rs2,743, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Saturday, gold price per tola reached Rs526,962 after a gain of Rs7,000 during the day. The international rate of gold declined by $32 to reach $5,010 per ounce (with a premium of $20). Meanwhile, the price of silver also decreased by Rs55 to reach Rs8,164 per tola.