Gold price per tola fall Rs12,800 in Pakistan

Gold rates in Pakistan moved lower on Monday, tracking a slide in the international market, Business Recorder reported. The price of one tola was set at Rs438,136 after falling Rs12,800 during the day. Ten grams of gold sold for Rs375,631 after a Rs10,973 decline, per figures from the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

Last Saturday, the tola had stood at Rs450,936 after a Rs2,100 fall during the day. The international gold rate dropped by $128 to $4,156 per ounce. Silver also eased, shedding Rs325 to settle at Rs6,578 per tola.

Measured against Saturday's figure, the tola price is down Rs12,800 in total, the same amount it fell during Monday's session. Both local and international declines appear in the same report, alongside a lower silver price.