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Published 20 Dec, 2024 06:08pm

Gold prices decline following international trends

Gold prices in Pakistan dropped on Friday, mirroring the fall in global rates. In the local market, the price of gold per tola reached Rs271,300, reflecting a decrease of Rs2,000 in just one day.

For 10 grams of gold, the price was Rs232,596, down by Rs1,715, as reported by the All-Pakistan Gems and Jewellers Sarafa Association.

This decline follows a drop of Rs2,600 in gold prices per tola on Thursday.

In the international market, gold also saw a decrease on Friday, with the rate reported at $2,601 per ounce (plus a premium of $20), down $20 from the previous day.

In contrast, silver rates remained steady at Rs3,350 per tola.

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