Gold price in Pakistan falls Rs3,600 per tola

Gold in Pakistan fell by Rs3,600 per tola on Tuesday, October 20, to Rs435,436 for 24-karat metal, Mettis Global reported, citing rates from the All-Pakistan Gems and Jewelers Sarafa Association. The 10-gram 24-karat rate declined Rs3,086 to Rs373,316, while 22-karat gold was quoted at Rs342,218 per 10 grams. The daily move followed a price of Rs439,036 per tola on October 19.

Silver prices were unchanged, with 24-karat silver at Rs6,234 per tola and Rs5,344 per 10 grams. The published comparison showed gold down Rs22,100 over one month and Rs21,526 on a calendar-year basis, while it was up Rs10,600 for the fiscal year to date. International spot gold traded near $4,121 an ounce, lower by $10.8, or 0.26%, from the previous session.