Pakistan gold rates drop RS250/Tola

The rate of gold recorded a decrease of Rs250 per tola in the domestic market on Thursday.

One tola of precious yellow metal now costs Rs113,450, according to Muhammad Arshad, Chairman of the All Pakistan Jewellers Manufacturers Association.

Similarly, the price of 10 grams of gold fell by Rs213 to Rs97,265, he said.

Gold is trading at $1,723 per ounce after a decrease of $19 in the international market.

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