Gold Price Plummets by Rs2,400 per Tola Amid Market Volatility
The price of gold in Pakistan has dropped by Rs2,400 per tola. This decrease is reflected in various financial markets, including stocks and commodities.
According to Business Recorder, several companies have seen a decline in their stock prices. For instance, OGDC (Oil and Gas Development Company) saw its price drop by 8.14 (-2.48%), while PRL (Pak Elektron Limited) decreased by 9.87 (-10%).
Other notable declines include those seen in companies such as TPL, which increased by 0.61 (2.56%), and TRG, which dropped by 0.03 (-0.05%).