Gold loses Rs4,900 per tola in Pakistan

Gold prices in Pakistan fell on Friday, with the per-tola rate dropping Rs4,900 to Rs411,636. Business Recorder reported that the decline tracked a weaker international market, where gold lost $49 to reach $3,891 per ounce.

The 10-gram price also moved down, falling Rs4,201 to Rs352,911, according to rates released by the All-Pakistan Gems and Jewellers Sarafa Association. The previous day, a tola had already declined Rs10,900 to Rs416,536, while silver on Friday shed Rs111 to Rs5,467 per tola. The figures cover both precious metals and local gold pricing.