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Gold price continue to drop in Pakistan

KARACHI:  Pakistani gold prices are still falling compared with global rates. After losing Rs1,800 during the day, the yellow metal’s price was Rs228,300 a tola, as disclosed by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA). The 10-gram gold was sold at Rs195,730 after a decrease of Rs1,544. Meanwhile, silver rates remained stable at Rs2,600 per tola. At 12:43 PM EDT (16:43 GMT), spot gold increased by 0.7% to $2,172.41 per ounce. Gold futures in the US increased by 0.6% to $2,178.00.
Silver increased by more than 3% to $24.94, palladium increased by 1.5% to $1,057.15, and spot platinum increased by 1.8% to $940.85 per ounce.

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