Gold price sheds Rs1,800 per tola in Pakistan

Business Recorder reported that gold rates in Pakistan eased on Monday in step with a weaker international market. The price per tola fell Rs1,800 during the session to reach Rs466,136, per figures issued by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The 10-gram price came to Rs399,636 after a Rs1,543 drop, per the same association. On Saturday, the per tola price had stood at Rs467,936 following a Rs15,100 decline during that day, a larger drop than the one recorded on Monday.

Internationally, the rate dropped $18 to $4,436 per ounce, with a premium of $20 attached. Silver moved against the trend, rising Rs67 to Rs7,179 per tola. Local gold rates moved in line with the international market, the report said.