Gold price decreases by Rs21,500 per tola in Pakistan

Karachi  (Web Desk): Gold prices witnessed a significant decline across the country today, causing a noticeable fall in local market rates.

According to the All Pakistan Sarafa Gems and Jewellers Association, the price of gold per tola fell by Rs8,600, reaching Rs519,962.

Similarly, the price of 10 grams of gold dropped by Rs7,373, bringing the new rate to Rs 445,783.

Meanwhile, international gold prices also declined, with the per-ounce rate falling by $86 to settle at $4,972.

Experts say that the global decrease in gold prices has directly impacted local markets, leading to a sudden drop in rates across Pakistan.