Gold Prices in Pakistan fell by Rs2,200 per tola on Thursday, despite having recently reached a record high.

According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola has dropped to Rs261,500.

Read more: Gold Prices Fall as Dollar Rises Ahead of US Inflation Data

The cost for 10 grams of gold also decreased by Rs1,886, now standing at Rs224,194. This reduction follows a peak price of Rs263,700 recorded on Saturday, which had risen by Rs1,700.

MetricCurrent PriceChange
Gold Price (per tola)Rs261,500-Rs2,200
Gold Price (per 10 grams)Rs224,194-Rs1,886

Meanwhile, international gold prices surged to $2,516 per ounce, with an extra $20 premium, reflecting a $4 increase for the day.