Gold price per tola sheds Rs1,800 in Pakistan

Business Recorder reported that gold prices in Pakistan declined on Monday, following weakness in global bullion markets. During the day, the price of one tola fell by Rs1,800 to Rs466,136 in the local market. The local decline reflected the fall in the international quote, which also moved lower.

According to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the 10-gram price slipped by Rs1,543 to Rs399,636. The Saturday tola rate had stood at Rs467,936 after a Rs15,100 drop during that day.

Internationally, gold declined by $18 to $4,436 per ounce, including a $20 premium. Silver moved the other way, rising Rs67 to Rs7,179 per tola. Among the metals listed, silver was the only item to record a rise.