Gold price falls by Rs5,500 per tola in Pakistan

According to All Pakistan gems and jwellers the price of gold and silver globally has fallen from their highs.

According to All Sarafa Gems and jwellers, the price of gold has fallen by Rs5500, reaching Rs470,162 per tola. Meanwhile, the price of 10 grams of gold decreased by Rs4,715, settling at Rs403,088.

On the international level, gold has fallen by $55, reaching to $4,478 per ounce.

While the price of silver decreased by Rs332 per tola, settling at Rs8,075.

However, the price of 24-karat gold increased by Rs2,300 per tola on Saturday, reaching Rs475,662 as global rates rose amid steady investor demand.