Gold Stable, Silver Down - ProPakistani

Gold prices in Pakistan remained unchanged on Thursday, holding at Rs. 425,636 per tola as the international market also stayed flat.

The price of 10 grams of 24-karat gold also stayed at Rs. 364,914, according to rates issued by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

Silver, however, became cheaper. The price of silver per tola dropped by Rs. 86 to Rs. 5,768, while 10 grams of silver fell by Rs. 73 to Rs. 4,945.

Thursday’s pause came a day after gold rose by Rs. 3,500 per tola, reversing Tuesday’s Rs. 1,300 fall.

The metal has been volatile this month. It is still about Rs. 16,400 below its October 10 peak of Rs. 442,036 per tola.

The local rate followed the global trend. The international price of gold held steady at $4,031 per ounce, staying above the $4,000 mark it reclaimed on Wednesday.

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