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Gold prices down Rs12,489 per tola

By Our Correspondent
June 07, 2026
Gold imitations are seen in this illustration picture taken February 20, 2026. — Reuters
Gold imitations are seen in this illustration picture taken February 20, 2026. — Reuters

KARACHI: Gold prices decreased by Rs12,489 per tola in the local market on Saturday following a decline in the international market.

The All Pakistan Sarafa Gems and Jewellers Association stated that 24-karat gold rates reached Rs455,327 per tola.

Similarly, the price of 10-gram gold dropped by Rs11,240 to Rs389,772.

Gold rates decreased by $124.89 to $4,328.92 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 463 to Rs7,267 per tola. Similarly, 10-gram silver rates also dropped by Rs421 to Rs6,202.