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Commodities

Global Gold Prices Plummet, Local Rates Follow Suit

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Gold
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Gold prices declined sharply in both global and local markets last Friday.

In Pakistan, gold prices fell by Rs4,600 per tola, reaching Rs427,436. Meanwhile, the price of 10-gram gold dropped by Rs3,944, selling at Rs366,457.

The international rate of gold also declined, dropping by $46 to reach $4,050 per ounce with a premium of $20.

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