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Gold prices plunge in Pakistan as per tola rate drops by Rs10,800

Business Recorder • • 1 min read

Gold prices plunge in Pakistan as per tola rate drops by Rs10,800

Business Recorder reported that Pakistani gold prices fell sharply on Saturday, with the per-tola rate closing at Rs409,736, down Rs10,800 for the day. The 10-gram rate also lost Rs9,259 and stood at Rs351,282, based on figures from the All-Pakistan Gems and Jewellers Sarafa Association.

International gold shed $108 to reach $3,872 per ounce, while local prices had already fallen on Friday, when a tola was quoted at Rs420,536 after a Rs5,100 decline. Silver moved lower as well, dropping Rs142 to Rs5,388 per tola. The latest figures show declines across both precious metals in local trading, alongside the reported fall in the international gold price.

At a glance

  • Local gold fell Rs10,800 to Rs409,736 per tola.
  • International gold declined $108 to $3,872 per ounce.

Originally reported by Business Recorder

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