Gold prices in Pakistan decreased on Thursday, following a decline in international gold rates on Thursday.

In the local market, the price of gold per tola was reduced by Rs2,300, settling at Rs250,500. Similarly, the price of 10-gram gold decreased by Rs1,972, reaching Rs214,763.

In contrast, the previous day (Wednesday) had seen a Rs2,300 increase in the gold price per tola.

The international gold rate also declined on Thursday, dropping by $43 per ounce. The international rate was at $2,370 per ounce, with a premium of $20 added.

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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

Additionally, silver rates in Pakistan decreased by Rs60, reaching Rs2,860 per tola.