Gold Price Drops by Rs.3,400 to Rs.345,800 per Tola

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Islamabad: The price of 24-karat gold per tola fell by Rs.3,400 on Wednesday, settling at Rs.345,800 compared to Rs.349,200 on the previous trading day, according to the All Pakistan Sarafa Gems and Jewellers Association.

Similarly, the price of 10 grams of 24-karat gold dropped by Rs.2,915 to Rs.296,467 from Rs.299,382. Meanwhile, the price of 10 grams of 22-karat gold declined to Rs.271,771 from Rs.274,443.

The prices of silver also saw a decline, with per tola silver decreasing by Rs.70 to Rs.3,427, and 10 grams dropping by Rs.60 to Rs.2,938.

In the international market, the price of gold fell by $34, reaching $3,276 per ounce, down from $3,310. Silver prices also declined by $0.70 to $32.27 per ounce, the Association reported.