Gold price drops by Rs700 per tola in Pakistan

Business Recorder reported that local gold prices edged lower on Saturday, with a tola quoted at Rs410,936 after losing Rs700. The 10-gram rate also declined, falling Rs600 to Rs352,311, based on figures issued by the All-Pakistan Gems and Jewellers Sarafa Association. These changes followed Friday’s close, when the tola rate stood at Rs411,636 after a Rs4,900 daily drop.

The international gold benchmark slipped by $7 to $3,884 per ounce, moving in the same direction as Pakistan’s local market. Silver also weakened domestically, with its per-tola price down Rs124 at Rs5,343. The figures provide a snapshot of precious-metal rates for consumers and businesses, while the reported falls cover both gold and silver rather than a change in a listed company’s fortunes.