Gold price per tola decreases Rs1,200 in Pakistan

Gold prices maintained their downward trajectory for the third consecutive session in Pakistan on Tuesday in line with the decline in the international rate. In the local market, gold price per tola clocked in at Rs241,100 after a single-day fall of Rs1,200.

The 10-gram gold was sold at Rs206,790 after a decrease of Rs943, according to rates shared by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The international rate of gold declined on Tuesday. As per APGJSA, the rate was set at $2,337 per ounce (with a premium of $20) after a decrease of $12 during the day.

Meanwhile, silver rates stood stable at Rs2,650 per tola.

Last month, gold hit an all-time high of Rs252,200 per tola in the local market.

On Monday, gold in Pakistan had decreased Rs1,200 per tola.