The gold price in Pakistan declined by Rs900 per tola, bringing the rate to Rs434,536, according to the All Pakistan Gems and Jewellers Association. The latest figures show another decrease in domestic gold prices.
The association reported that the price of one tola of gold fell to Rs434,536. The previous rate was Rs435,436, reflecting a reduction of Rs900 in the local market.
The price of 10 grams of gold also recorded a decline. According to the association, the rate dropped by Rs772 to Rs372,544.
International gold prices also moved lower during the reported session. The price of gold in the global market decreased by $9 to reach $4,120.
The latest decline follows another significant reduction in local gold prices a day earlier. On the previous day, the price of gold per tola fell by Rs3,600.
These consecutive declines have brought further changes to the gold price in Pakistan. The latest domestic rates reflect the figures reported by the All Pakistan Gems and Jewellers Association.
The association’s figures show that both local and international gold prices declined in the latest update. The per-tola rate now stands at Rs434,536, while the 10-gram price is Rs372,544 and the international rate is $4,120.
