Gold Prices Drop by Rs 5,500 Per Tola in Pakistan

Gold prices in Pakistan have witnessed a significant decline, bringing relief to buyers across the country. The price of gold per tola decreased by Rs 5,500, bringing it down to Rs 479,562 in the local market.

Similarly, the price of 10 grams of gold dropped by Rs 4,715, reaching Rs 411,147.In the international market, gold prices fell by $55, settling at $4,572 per ounce.

Meanwhile, silver prices also recorded a decrease in the domestic market.The price of silver per tola dropped by Rs 45, bringing it down to Rs 7,766.

Market analysts attribute the decline in local prices to the downward trend in global gold rates.