Gold Declines 4th Consecutive Day in Pakistan

Gold prices in Pakistan fell 4th day in a row on Wednesday following a similar trend observed in international gold prices.

The price of 24-karat gold closed at Rs. 453,936 per tola after losing Rs. 1,800, according to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The price of 10 gram gold settled at Rs. 389,176 after losing Rs. 1,544.

Gold lost Rs. 1,800 on Tuesday to close at Rs. 455,736.

In the international market, gold lost $18 to settle at $4,314 per ounce, including a $20 premium.

Meanwhile, silver lost Rs. 30 to close at Rs. 7,008 per tola on Wednesday.