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Gold prices decline in Pakistan

13 December, 2024 21:30

Gold prices in Pakistan saw a significant decrease on Friday, mirroring a fall in the international market.

The All-Pakistan Gems and Jewellers Sarafa Association reported that the price of gold per tola dropped by Rs5,000, bringing it to Rs277,800. The 10-gram price also fell by Rs4,286, settling at Rs238,169.

This decline follows a Rs2,300 per tola increase on Thursday, indicating the volatility in local gold prices.

Internationally, gold prices also experienced a dip, with the price per ounce falling by $50 to $2,666, excluding a premium of $20.

In addition, silver prices in Pakistan dropped by Rs50 per tola, bringing the new rate to Rs3,400.

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