Gold Rate in Pakistan is Down by Nearly Rs. 12,000 Per Tola in One Week

The price of 24 karat gold witnessed a decrease of Rs. 2,000 per tola on Thursday and was sold at Rs. 353,000 against its sale at Rs. 355,000 on the previous trading day, All Pakistan Sarafa Gems and Jewelers Association reported. It is pertinent to mention here that the price of gold in Pakistan fell by Rs. 10,200 per tola in a five-day losing streak before an increase of Rs. 300 per tola on Wednesday. Today’s decline takes the overall decrease in price during the last seven days to Rs. 11,900 per tola. The prices of 10 grams of 24 karat also decreased by Rs. 1,714 to Rs. 302,641 from Rs. 304,355 whereas the price of 10 grams of 22 Karat went down to Rs. 277,421 from Rs. 278,992. The rates of per tola silver and ten grams declined by Rs. 63 and Rs. 53 to close at Rs. 3,900 and Rs. 3,344 respectively. The price of gold in the international market decreased by $20 to $3,303 from $3,323 whereas silver was traded at $36.51 against $37.90, the Association reported.