Gold prices record visible decline in Pakistan, global markets

Gold prices in Pakistan decreased on Friday in line with their loss in the international market. In the local market, gold price per tola reached Rs476,862 after a decline of Rs15,500 during the day.

Similarly, 10-gram gold was sold at Rs408,832 after it fell by Rs13,289, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Thursday, gold price per tola reached Rs492,362 after a gain of Rs1,000 during the day.

The international rate of gold declined by $155 to reach $4,545 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs972 to reach Rs8,232 per tola.