Gold prices in Pakistan dropped on Thursday, mirroring a decline in the international market. In the local market, the price of gold per tola fell by Rs. 2,000, settling at Rs. 396,800.
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 10-gram gold also decreased, selling at Rs. 340,192 after a loss of Rs. 1,714.
On Wednesday, the gold price per tola had remained unchanged at Rs. 398,800.
Internationally, gold prices also slipped. The global rate stood at $3,750 per ounce (including a $20 premium), marking a decrease of $20, as reported by APGJSA.
In contrast, silver prices in the local market saw an uptick. The price per tola of silver rose by Rs. 26 to reach Rs. 4,663.
Editorial & Legal Practice Group
Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.
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