Price of gold in Pakistan declines after massive hike

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A day after a massive hike, the price of gold in Pakistan saw a minor decrease on Thursday, reflecting global market trends. 

In the local market, the price of 24-karat gold per tola decreased by Rs750, settling at Rs286,700, according to data shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). 

Similarly, the price of 10 grams of 24-karat gold dropped by Rs641, taking it to Rs245,799. 

In the international market also, the price of gold saw a decline of $8 on Thursday, reaching $2,743 per ounce with an additional premium of $20. 

The price of silver in the local market also decreased by Rs30 to reach Rs3,401 per tola.

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