Gold price in Pakistan sees massive drop

Price of a tola of 24-karat silver decreases to Rs3,728

The price of gold in Pakistan and globally witnessed a massive decrease on Friday after a couple of days of minimal increase. 

According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola saw a huge drop of Rs5,000 on Friday to reach Rs351,000. Similarly, the price of 10 grams of gold dropped by Rs4,287, taking it to Rs300,925. 

The global gold market also witnessed a big change, with the price of gold per ounce declining by $53 to reach $3,290.

The silver prices in Pakistan also saw a drop, with the price of a tola of 24-karat silver falling to Rs3,728, and the price for 10 grams of silver to Rs3,242. 

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