Gold prices in Pakistan fell for the second consecutive session on Saturday, following a decrease in international rates. The local market saw the price of gold per tola drop by Rs1,000, settling at Rs250,000.
The price of 10-gram gold decreased by Rs857, bringing it to Rs214,335, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On Friday, the price per tola had already dropped by Rs3,000.
Internationally, the price of gold also fell on Saturday. According to APGJSA, the rate stood at $2,400 per ounce (including a $20 premium) after a $15 decrease.
Conversely, silver prices increased by Rs70, reaching Rs2,920 per tola.
On Thursday, gold prices in Pakistan had surged by Rs4,600 per tola, hitting an all-time high of Rs254,000 in the local market.
