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Gold prices witness a significant drop in Pakistan

In four sessions, gold price per tola has reduced by Rs4,000 in Pakistan.

Gold prices on Thursday witnessed a significant drop in Pakistan for the fourth successive session.

In the local market, gold price per tola reached Rs241,000 after a single-day fall of Rs900.

The drop in local gold prices comes in line with the international market.

The international price of gold per ounce has fallen from $8 and is currently available at $2,308.

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According to the rates shared by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), The 10-gram gold was sold at Rs206,619 after a decrease of Rs771.

On Tuesday, the price of yellow metal in Pakistan had lost Rs2,000 per tola.

While gold rates were not available on Wednesday, as gold markets were closed on account of Labor Day.

On the other hand, silver rates went down Rs10 to settle at Rs2,620 per tola.

Saman Siddiqui

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