Gold price in Pakistan falls Rs3,000 per tola

Gold prices in Pakistan slipped on Thursday, with 24-karat gold selling at Rs438,636 per tola after a Rs3,000 reduction, according to rates released by the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA). Mettis Link News put the 24-karat price per 10 gram at Rs376,059, a drop of Rs2,572, while 22-karat gold eased to Rs344,733 for the same weight. Silver also weakened in the domestic market, with 24-karat silver down Rs50 at Rs6,528 per tola and Rs43 lower at Rs5,596 per 10 gram.

Internationally, spot gold hovered near $4,167 an ounce, gaining $11.1, or 0.27 per cent, against the prior session. Investors appeared cautious as they awaited the US employment figures, which might steer the Federal Reserve's next interest rate decision.