Gold price drops by Rs800 per tola in Pakistan

Business Recorder reported that gold prices in Pakistan eased on Tuesday, mirroring losses in the international market. The price of one tola dropped Rs800 during the session, settling at Rs437,336. The local move followed a weaker trend abroad, and the report links the decline directly to that overseas loss.

Rates from the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) put 10-gram gold at Rs374,945 after a Rs686 fall. On Monday, the tola had reached Rs438,136 following a Rs12,800 decline during that trading day. Tuesday's figures therefore marked a further slide from the earlier session.

Outside Pakistan, gold lost $8 to $4,148 per ounce. Silver also moved lower in the local market, shedding Rs20 to reach Rs6,558 per tola. Together, the figures show both precious metals easing on the same day.