Gold rates see massive decrease in Pakistan

KARACHI: Gold prices witnessed a massive decrease in Pakistan on Saturday in line with a decline in the international market.

According to rates shared by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), n the local market, gold price per tola stood at Rs239,400 after a single-day decline of Rs3,600.

The 10-gram gold was sold at Rs205,247 after it registered a decrease of Rs3,086,

As per APGJSA, the global gold rate was set at $2,292 per ounce (with a premium of $20) after it lowered by $70 during the day.

Meanwhile, silver rates reduced by Rs50 to clock in at Rs2,750 per tola.

On Friday, gold price per tola remained unchanged in Pakistan.