Gold price per tola sheds Rs1,500 in Pakistan

Business Recorder reported on Tuesday, November 10, that gold prices in Pakistan declined as the international market also weakened. The local rate for one tola stood at Rs430,836 after a daily drop of Rs1,500, while the 10-gram price slipped Rs1,286 to Rs369,372, according to figures released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

Gold had risen by Rs3,200 per tola in the previous session, reaching Rs432,336 on Monday. Internationally, the metal lost $15 to trade at $4,083 per ounce, while silver prices in Pakistan were unchanged at Rs5,723 per tola. The figures show declines in both local gold rates and the international benchmark, alongside steady local silver prices.