Gold price drops Rs6,500 per tola in Pakistan

Gold became cheaper in Pakistan on Friday, with the local rate falling Rs6,500 to Rs429,136 per tola, Business Recorder reported. The price for 10 grams also slipped, by Rs5,573, to Rs367,914, according to figures from the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The decline followed a weaker international market, where gold lost $65 to stand at $4,066 per ounce. The local per-tola rate had risen Rs9,600 on Thursday to Rs435,636, while silver on Friday dropped Rs85 to Rs5,678 per tola. These daily price movements provide a snapshot of bullion values for local buyers and traders. For investors tracking commodities, the figures show lower gold and silver rates alongside the fall in the international gold benchmark.