Gold price decline by Rs1500 in Pakistan

The prices of gold dropped in both international and domestic markets, whereas the prices of silver continued to rise, as reported by market circles on Tuesday.

 In the international bullion market, the global gold rate per ounce decreased by $15 to $5,082 after a three-day gap.

As a result, accordint to All Pakistan gems and jwelers the price of 24-carat gold per tola decreased by Rs1,500 to Rs530,562. Moreover, the price per 10 grams also decreased by Rs1,286 to Rs454,871.

However, the global rate of silver per ounce increased by $2.12 to $111.65, leading to new highs in domestic rates. The domestic rate of silver per tola increased by Rs212 to Rs11,640. Moreover, the 10-gram rate also increased by Rs182 to Rs9,979.