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Gold prices down Rs600 per tola

By Our Correspondent
May 17, 2026
A customer looks at gold bracelets inside a jewellery store, in Hong Kong, China, February 4, 2026. — Reuters
A customer looks at gold bracelets inside a jewellery store, in Hong Kong, China, February 4, 2026. — Reuters

KARACHI: Gold prices decreased by Rs600 per tola in the local market on Friday following a decline in the international market.

The All Pakistan Sarafa Gems and Jewellers Association said that 24-karat gold rates reached Rs476,262 per tola.

Similarly, the price of 10-gram gold dropped by Rs515 to Rs408,317.

Gold rates decreased by $6 to $4,539 per ounce in the international market.

Prices in the local market are adjusted by a premium of $20 against rates in the international market.

Silver rates decreased by Rs159 to Rs8,073 per tola. Similarly, 10-gram silver rates also dropped by Rs136 to Rs6,921.