Gold prices in Pakistan fall for fifth consecutive day

Business Recorder reported that local gold prices fell for a fifth straight day on Saturday, with the per-tola rate down Rs2,500 to Rs422,036. The All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) also put the 10-gram rate at Rs361,827, a decrease of Rs2,144. The latest decline followed Friday’s Rs7,000 drop, which had taken the tola price to Rs424,536.

International gold slipped by $25 to $3,995 per ounce, moving in the same direction as domestic rates. Silver also lost Rs7 per tola and stood at Rs5,858. The figures show continued declines across the reported local gold rates, alongside a smaller decrease in silver.