Gold prices in Pakistan fell on Saturday, reflecting a decrease in the international market rate. The local market saw the price of gold per tola drop to Rs240,300, a decline of Rs1,400 in just one day.
The price for 10 grammes of gold also decreased, standing at Rs206,019 after a reduction of Rs1,200, according to the latest figures from the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).
This decline followed a brief increase on Friday, when the price of gold per tola rose by Rs500.
Internationally, the gold rate saw a downward trend on Saturday. The APGJSA reported that the price per ounce was set at $2,326, including a premium of $20, after a $16 drop during the day.
In addition to gold, silver prices also fell, with rates decreasing by Rs80 to settle at Rs2,820 per tola.
It’s noteworthy that just last month, gold reached an all-time high in the local market, hitting Rs252,200 per tola.
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