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Gold falls by Rs10,800 in a day to Rs409,736 per tola

Gold falls by Rs10,800 in a day to Rs409,736 per tola
File photo: Gold prices fall in a bullion market in Pakistan. Photo: courtesy gnnhd.tv

PAKISTAN: The price of gold fell sharply in the country on Saturday. Gold became Rs10,800 cheaper per tola and stood at Rs409,736.

According to the rates issued by the All Pakistan Gems and Jewellers Sarafa Association, the price of 10 grams of gold fell by Rs9,259 to Rs351,282.

The price of gold had also fallen a day earlier, on Friday. That day, gold per tola came down by Rs5,100 to Rs420,536. On Thursday, the local rate had remained unchanged at Rs425,636. On Friday, 10 grams of gold fell by Rs4,373 to Rs360,541.

The price of gold also fell in the international market. On Saturday, gold per ounce dropped by $108 to $3,872, while on Friday it was at $3,980 after a fall of $51.

The price of silver also fell. On Saturday, silver per tola became Rs142 cheaper at Rs5,388. On Friday, its price had come down by Rs238 to Rs5,530.