The price of gold in Pakistan decreased further on Friday, dropping by Rs1,800 per tola, according to the All Pakistan Gems and Jewellers Sarafa Association.

The gold price in Pakistan stands at Rs240,200 per tola. Additionally, 10 grams of gold was sold at Rs205,933 after shedding Rs1,543.

Meanwhile, the silver rates remained stable at Rs2,800 per tola in Pakistan.

This marks the fourth consecutive session of declining gold prices in the country, as the drop aligns with a decrease in the international gold rate.

On May 20, the price of gold per tola climbed by Rs2,300, reaching a level of Rs250,400.

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Gold prices up by Rs950 per tola

Latest Pakistan gold rates for January 16

Gold rates remain constant at Rs239,200 per tola