Gold prices fall in Pakistan for third consecutive day

KARACHI: Gold prices in Pakistan fell by Rs3,000 per tola on Thursday, bringing the price to Rs431,536, according to the latest figures shared by the All-Pakistan Gems and Jewellers’ Sarafa Association.

The price of 10-gram gold decreased by Rs2,572 to Rs369,972.

The latest decline followed a Rs900 per tola drop on Wednesday, when gold prices fell to Rs434,536 per tola and Rs372,544 per 10 grams.

Gold prices had also declined by Rs3,600 per tola on Tuesday, taking the rate to Rs435,436, while 10-gram gold fell to Rs373,316.

In the international market, gold prices declined by $9 to $4,120 per ounce on Wednesday, according to reports citing the association. The latest international rate was not independently verified.