Gold price per tola plunges Rs15,100 in Pakistan

Business Recorder reported that gold rates in Pakistan slid on Saturday, mirroring a fall in the international market. A tola of gold was priced at Rs467,936 after shedding Rs15,100 during the day. Rates had been unchanged on Friday across both domestic and overseas quotes, making Saturday's fall a shift from the previous session.

Figures from the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) put 10-gram gold at Rs401,179 after a Rs12,946 drop. The international gold rate dropped $151 to $4,454 per ounce, which includes a $20 premium. The local decline mirrored the loss seen in the international bullion market. Silver followed a similar path, sliding Rs397 to Rs7,112 per tola during the same session.