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Gold rate drops by Rs1,900 per tola

News Desk

Dec 29

On Friday, the gold market in Pakistan halted its previous upward trend, experiencing a decline in tandem with the global decrease in gold prices. 

As reported by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price per tola of gold was adjusted to Rs220,900, reflecting a one-day decrease of Rs1,900. 

The 10-gramme gold rate also saw a reduction, reaching Rs189,386 after a decrease of Rs1,629.

Contrary to Thursday’s surge of Rs 2,200 per tola, the international gold rate exhibited a setback, settling at $2,090 per ounce on Friday with a $20 premium. This decline of $15 in the global market was noted by the APGJSA.

In the same period, silver rates remained unchanged at Rs2,680 per tola in the local market.

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