Gold price drops by Rs2,100 per tola in Pakistan

According to Business Recorder, gold prices in Pakistan fell on Saturday, following losses in the international market. The price of one tola dropped by Rs2,100 during the day to Rs450,936, compared with Rs453,036 recorded on Friday after a Rs4,700 gain.

Rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) put the 10-gram price at Rs386,604, a fall of Rs1,800. Overseas, gold lost $21 to trade at $4,284 per ounce. Silver also eased, declining Rs60 to Rs6,903 per tola.

The domestic movement tracked the overseas decline, showing how closely local rates follow the international bullion market. The figures are daily rates, so readers can compare the latest quotes with Friday's levels and track the day's change.