Gold’s price per tola dropped Rs950 in Pakistan on Thursday, according to the rates compiled by the All Sindh Sarrafa Jewelers Association. A tola of gold is now selling for Rs111,800. The gold price dropped to $1,894 an ounce in the international market by the time this story was filed. The precious metal was trading at $1,904 on ounce Wednesday. Its international price affects the prices in the local market. Ounce is the metric used to quantify gold in the international market, while tola is used in Pakistan. A tola is approximately one-third of an ounce. Adnan Agar, who is the operations director of AA Gold Commodities, says the gold price rose because of volatility of crypt
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