Gold extends losses in Pakistan as global rates slide

Gold prices in Pakistan fell for a second straight day on Friday, tracking losses in the international market.

The price per tola dropped Rs7,000 to Rs424,536, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The 10-gram rate fell Rs6,001 to Rs363,971.

On Thursday, the tola rate had declined Rs3,000 to Rs431,536.

In the international market, gold lost $70 to trade at $4,020 per ounce.

Silver also slipped. Its price fell Rs221 to Rs5,865 per tola.

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