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Gold prices down Rs6,800 per tola

By Our Correspondent
May 21, 2026
UK gold bars and gold Sovereign coins are displayed at Baird & Co in Hatton Garden in London, Britain, October 8, 2025. — Reuters
UK gold bars and gold Sovereign coins are displayed at Baird & Co in Hatton Garden in London, Britain, October 8, 2025. — Reuters

KARACHI: Gold prices decreased by Rs6,800 per tola in the local market on Wednesday following a decline in the international market.

The All Pakistan Sarafa Gems and Jewellers Association said that 24-karat gold rates reached Rs470,362 per tola.

Similarly, the price of 10-gram gold dropped by Rs5,830 to Rs403,259.

Gold rates decreased by $68 to $4,480 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 Rs125 to Rs7,974 per tola. Similarly, 10-gram silver rates also dropped by Rs107 to Rs6,836.