Gold price decreases by Rs3,700 per tola in Pakistan

Karachi (Web Desk): After a continuous rise in gold prices in Pakistan, a decline has now been observed.

According to the All Pakistan Gems and Jewelers Association, the price of per tola gold has decreased by Rs3,700, bringing the cost of one tola of gold down to Rs482,462.

Similarly, the price of 10 grams of gold has dropped by Rs3,172, now costing Rs. 413,633.

On the global front, the price of gold has decreased by $37, now standing at $4,601 per ounce.

Experts suggest that this drop in prices is due to a slight decline in global gold prices, which has also impacted the local market in Pakistan.