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Gold price goes down in Pakistan

07 August, 2024 19:00

Gold prices plunged in Pakistan in line with the international market, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The price per tola fell by Rs500 in the domestic market, settling at Rs255,500.

Similarly, the price of 10-gram gold lowered by Rs429, bringing it to Rs219,050.

Internationally, gold prices was set at $2,393 per ounce (including a $20 premium) after losing $17 during the day.

On the other hand, silver rates remained steady at Rs2,850 per tola.

Spot gold rose 0.5% to $2,400.89 per ounce, as of 9:43 a.m. ET (1343 GMT). U.S. gold futures gained 0.4% to $2,441.10.

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