Karachi: The All Pakistan Gems and Jewellers Association (APGJA) announced that Pakistani gold prices declined by Rs 1,000 for each tola. Following recent price cuts the tola market value of gold in Pakistan now stands at Rs 306,000.
After prices decreased by Rs 858 the price of 10 grams of gold settled at Rs 262,345.
APGJA noted that the international market value of gold fell by 11$ to settle at 2,910$ per ounce.
International market movements that decrease gold prices create positive purchasing conditions for both Pakistani consumers and investors.