Gold Price Drops by Rs4,300 per Tola in Pakistan
The price of gold has dropped by Rs4,300 per tola in Pakistan. This decrease is reflected in the stock market, where many shares have declined in value. The BOP (Bank of Punjab) saw a drop of Rs0.19 per share, or 0.63%, while the OGDC (Oil and Gas Development Company) increased by Rs1.23 per share, or 0.39%. The PPL (Pakistan Petroleum Limited) also decreased by Rs0.70 per share, or 0.32%. Other companies such as FNEL (Fauji Fertilizer Company Limited), KOSM (Kohinoor Energy Limited), and TREET (TRG Pakistan Ltd) have seen significant declines in their share prices.