Gold price drops by Rs700 to Rs275,500 per tola
The gold price in Pakistan declined on sixth trading day of the week after a drop in the international bullion rates.
According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of the yellow metal on Saturday was recorded Rs700 per tola down from yesterday’s Rs276,200 per tola.
Keeping in view the latest rates released by the association, the price for 24-karat gold was recorded at Rs275,500 per tola in local gold market.
The price for ten gramme gold was reported about Rs600 down at Rs236,197.
It is worth noting that the price for one tola gold was seen at an all-time high of Rs277,000 per tola in the previous week.
One again, the price for silver remained unchanged in Pakistan at Rs3.050 for one tola.
On the global front, the price of gold droppped by $7 to $2,653 per ounce. This price also includes a premium of $20.
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