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Gold snapped its winning streak in Pakistan as the yellow metal witnessed a fall in the local market on Friday in line with decline in the international rate.

Gold price per tola settled at Rs220,900 after single-day fall of Rs1,900, according to rates shared by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The 10-gram gold was sold at Rs189,386 after a decrease of Rs1,629.

On Thursday, gold rates in Pakistan had increased by Rs2,200 per tola.

With a premium of $20, the international rate of gold on Friday was set at $2,090 per ounce, after a decline of $15 in the international market, APGJSA said.

Meanwhile, silver rates remained stable at Rs2,680 per tola.

Comments

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Adeel Dec 29, 2023 08:41pm
Now the price is going down every day in 2024 bcz after FED decisions he will cut the interest rates 3 time in 2024
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Farman Dec 29, 2023 10:16pm
I am not sure for the next some days of gold price.
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Khalid Mahmud Dec 30, 2023 11:22am
Yar khushab mn jewler awam ko badardi sa loot raha hn aur awam bachari apna sarmaya sa hath dho rahi h
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