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Baner Club > Blog > Ecnomics > Gold price per tola in Pakistan sees major drop
EcnomicsPakistan

Gold price per tola in Pakistan sees major drop

Decline occurs after the previous session's record high was reached.

Last updated: 2024/08/29 at 5:39 PM
Published August 29, 2024
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Despite an increase in the price of gold internationally, Pakistani gold prices saw a sharp decline on Thursday, with the pricing per tola falling by Rs2,200 to close at Rs261,500.

As per the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), there was a reduction of Rs1,886 in the cost of 10 grams of gold, making it reach Rs224,194.

However, there was a surge in the global gold market on Thursday. According to the APGJSA, the price of gold increased by $4 during the trading day to $2,516 per ounce internationally, with an extra $20 premium.

In the meantime, the price of silver in the local market held steady at Rs2,950 per tola, showing no deviation from the prior values.

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admin August 29, 2024 August 29, 2024
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