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Gold price declines by Rs500/tola in Pakistan

Per tola gold reaches Rs220,500
Pakistani women check gold jewellery at a shop in Lahore, Pakistan, on October 11, 2018. (AFP/File)
Pakistani women check gold jewellery at a shop in Lahore, Pakistan, on October 11, 2018. (AFP/File)

The prices of gold declined in the domestic market of Pakistan on Friday in line with a dip in international gold prices.

The price of gold per tola recorded a decline of Rs500 to reach Rs220,500 per tola in the local market.

Similarly, gold 10 grammes decreased by Rs429 to hit Rs189,043 per 10 grammes.

In the international market, the price of gold bullion eased by $4 to reach $2,060 per ounce.

A day earlier, the per tola price of 24 karat gold saw no change in its prices and was sold at Rs221,000.

The price of 10 grammes of 24 karat and 10 grammes of 22 Karat also remained stagnant at Rs189,472 and Rs173,683 respectively, the All Sindh Sarafa Jewellers Association reported.

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