Gold price drops by Rs600 per tola in Pakistan

International rate of gold declines by $6 to reach $4,595 per ounce

Gold prices in Pakistan decreased on Saturday in line with their loss in the international market. In the local market, gold price per tola reached Rs481,862 after a decline of Rs600 during the day.

Similarly, 10-gram gold was sold at Rs413,118 after it fell by Rs515, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Friday, gold price per tola remained stable at Rs482,462.

The international rate of gold declined by $6 to reach $4,595 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs43 to reach Rs9,482 per tola.