Gold prices continue to fall in Pakistan, global markets

Karachi: Gold prices in Pakistan plummeted on Friday in line with their loss in the international market. The per tola price of yellow metal reached Rs533,262 after a decline of Rs7,100 during the day.

Similarly, 10-gram gold was sold at Rs457,186 after it fell by Rs6,087, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Thursday, gold price per tola reached Rs540,362 after a decline of Rs2,900 during the day. The international rate of gold declined by $71 to reach $5,105 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs324 to reach Rs8,851 per tola.