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Price of Gold in Pakistan Declines After Yesterday’s Big Increase

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5 min read
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Legal Editorial Desk
Price of Gold in Pakistan Declines After Yesterday’s Big Increase
The price of 24 karat per tola gold decreased by Rs. 750 and was sold at Rs. 286,700 on Thursday against its sale at Rs. 287,450 on the previous trading day, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). The price of 10 grams of 24-karat gold also decreased by Rs. 641 to Rs. 245,799 from Rs. 246,440 whereas that of 10-gram 22-karat also went down to Rs. 225,323. Currently, the 24-karat gold is trading at Rs. 1,200 below the all-time high of Rs. 287,900 per tola mark. The price of per tola silver decreased by Rs. 30 to Rs. 3,401 while the 10g silver grade decreased by Rs. 26 to Rs. 2,915 per tola. The price of gold in the international market decreased by $8.9 to $2,746 per ounce.
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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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