Gold falls Rs12,800 per tola in Pakistan as international price slips

Gold prices in Pakistan fell on Monday, with the per-tola rate down Rs12,800 to Rs438,136, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). The association's quoted rates moved in line with a decline in the international market, lowering the price local buyers are asked to pay.

Ten-gram gold was sold at Rs375,631, a fall of Rs10,973 during the day, the APGJSA said. In the previous session on Saturday, the per-tola price stood at Rs450,936 after a decline of Rs2,100.

Internationally, the gold rate declined by $128 to reach $4,156 per ounce, according to the association's rates.

Silver also moved lower in the local market, falling Rs325 to Rs6,578 per tola, the APGJSA said. The figures cover a single session's move and are the association's published rates for the day.