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Gold price drops Rs35,500 to Rs537,362 per tola in Pakistan

KARACHI: The upward trend in precious metal prices has come to a halt as gold and silver witnessed a significant decline in local and international markets.

According to the Pakistan Sarafa Association, the price of 24-carat gold per tola dropped by Rs35,500, bringing it down to Rs537,362.

Similarly, the price of 10 grams of 24-carat gold fell sharply by Rs30,435 to Rs460,701.

Silver prices also recorded a notable decrease. The price of 24-carat silver per tola declined by Rs1,106, settling at Rs11,069.

In the international market, gold prices dropped by $355 per ounce, bringing the rate down to $5,150 per ounce

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