Gold price in Pakistan falls Rs3,400 per tola

Domestic gold quotations moved lower on Wednesday, November 11, with 24-karat bullion at Rs427,436 per tola, a daily reduction of Rs3,400, Mettis Global reported. The 10-gram 24-karat rate was Rs366,457, down Rs2,915, while 22-karat gold was quoted at Rs335,945 per 10 grams. The All-Pakistan Gems and Jewelers Sarafa Association shared the local rates.

Silver moved in the opposite direction: 24-karat metal reached Rs5,768 per tola after adding Rs45, and Rs4,945 per 10 grams after gaining Rs39. In international trade, spot gold was near $4,046 an ounce, up $7.4, or 0.18%, against the previous session. The report also gives year-to-date comparisons, with local gold down Rs29,526 and silver down Rs1,950 per tola.