Gold price decreases by Rs4,900 per tola in Pakistan

Karachi (Web Desk): Gold prices in Pakistan witnessed a significant decline on Tuesday, with a notable reduction recorded per tola across the country.

According to the All Pakistan Sarafa Gems and Jewellers Association, the price of gold per tola decreased by Rs4,900, bringing it down to Rs501,162.

Similarly, the price of 10 grams of gold fell by Rs4,201, settling at Rs429,635.

In the international market, gold also saw a downward trend, with prices dropping by $49 per ounce to reach $4,788, according to the association.

Market analysts say the decline reflects fluctuations in global bullion rates, which continue to influence local gold prices.