KARACHI – Gold prices in Pakistan witnessed massive drop on Friday amid big plunge in international rates, with current price hovering at Rs277,800.
Data shared by Sarafa Association shows gold rates experienced sharp drop on Friday, with the cost per tola remaining around Rs5,000. The local market now sees gold priced at Rs277,800 per tola, while the price for 10 grams of gold decreased by Rs4,286.
Gold Price in Pakistan
| Gold | Old Price | New Price | Difference |
|---|---|---|---|
| Gold (per Tola) | Rs282,800 | Rs277,800 | Rs5,000 |
| Gold (per 10 grams) | Rs288,086 | Rs283,800 | Rs4,286 |
This considerable drop in bullion follows Rs2,300 increase in prices the other day. The decline is in line with the global trend, as the international gold also plunged by $50, settling at $2,666 per ounce.
Gold Rates This Week in Pakistan
| Date | 24K Gold |
| 12-Dec | Rs282,800 |
| 11-Dec | Rs280,500 |
| 10-Dec | Rs277,400 |
| 9-Dec | Rs276,400 |
| 7-Dec | Rs274,400 |
| 6-Dec | Rs274,700 |
| 5-Dec | Rs275,700 |
Gold prices increase massively in Pakistan – December 12 latest rates
