Gold prices in Pakistan declined for the second consecutive day on Friday, with the price of 24-karat gold falling by Rs. 4,900 to Rs. 411,636 per tola.
The All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) reported that the price of 10-gram gold also decreased by Rs. 4,201 to Rs. 352,911.
The latest decline follows Thursday’s Rs. 10,900 drop per tola. Gold has now lost a total of Rs. 15,800 per tola over the past two days, falling from Rs. 427,436 on Wednesday.
International Gold and Silver Prices
Gold prices also declined in the international market, dropping by $49 to $3,891 per ounce.
Silver prices in Pakistan fell by Rs. 111 to Rs. 5,467 per tola.
What the Latest Prices Mean for Buyers
At Friday’s rates, half a tola of 24-karat gold costs approximately Rs. 205,818, while two tolas cost Rs. 823,272.
This represents a reduction of Rs. 31,600 in the price of two tolas compared with Wednesday.
These prices are based on APGJSA rates for 24-karat gold. Buyers purchasing jewellery may have to pay additional making charges.
