Gold prices in Pakistan fall by Rs3,500 per tola

Gold prices fell in Pakistan on Thursday after bullion rates declined in the international market.

The price of gold dropped by Rs3,500 per tola to Rs460,436, according to rates released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The price of 10-gram gold also decreased by Rs3,001, settling at Rs394,749.

On Wednesday, gold had gained Rs4,200 to close at Rs463,936 per tola. In the global market, gold fell by $35 to $4,380 per ounce, including a $20 premium.

Silver prices also moved lower, declining by Rs175 to Rs6,936 per tola.