Gold prices fall by Rs3,700 per tola in Pakistan

Gold prices decreased in the local market on Saturday following a decline in the international bullion market.

According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold dropped by Rs3,700 per tola to Rs426,736. The price of 10 grams of gold also declined by Rs3,202 and was fixed at Rs365,857.

A day earlier, gold had gained Rs3,000 per tola, closing at Rs430,436.

In the international market, gold prices fell by $37 to $4,043 per ounce, including a premium of $20.

Silver prices also moved lower, with the rate falling by Rs57 per tola to Rs6,237.