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Gold Prices Finally Fall in Pakistan

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5 min read
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Legal Editorial Desk
Gold Prices Finally Fall in Pakistan
Gold prices in Pakistan fell on Friday as the local market saw the price per tola drop by Rs. 3,300, settling at Rs. 439,762. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price for 10 grams of gold also declined, falling by Rs. 2,829 to Rs. 377,025. This follows Thursday’s sharp increase, when gold per tola had surged by Rs. 8,300 to reach Rs. 443,062. On the international front, the price of gold decreased by $33, closing at $4,174 per ounce with a $20 premium. Meanwhile, silver prices in the local market rose by Rs. 140, reaching Rs. 5,522 per tola.
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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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