Gold prices in Pakistan decreased by Rs. 1,600 per tola on Saturday, falling under Rs. 4.4 lac following a drop in international rates.
Data shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) showed gold finishing at Rs. 439,036 per tola. Meanwhile, 10 grams of gold decreased by Rs. 1,372 to cost Rs. 376,402.
This drop followed a Rs. 2,800 increase on Friday that brought the per tola rate to Rs. 440,636.
Globally, gold dropped by $16 to finish at $4,165 per ounce.
Saturday's decrease resulted in a weekly net loss of Rs. 3,000 per tola for gold, which had finished the previous Saturday at Rs. 442,036 per tola.
Market rates fluctuated throughout the week, starting with a Rs. 2,100 loss on Monday and a Rs. 900 recovery on Tuesday. A drop of Rs. 3,000 occurred on Wednesday, followed by no change on Thursday prior to Friday's increase.
Silver also dropped on Saturday, with a loss of Rs. 81 bringing the rate to Rs. 6,175 per tola. Over the week, silver declined by Rs. 380 per tola.
