Gold Prices Plummet by Rs3,700 in Pakistan Amid International Decline
Gold prices in Pakistan plummeted on Saturday after two days of gains, as international bullion prices also declined. The price of 24-karat gold per tola dropped by Rs3,700 to Rs426,736, while 10 grams of gold decreased by Rs3,202 to Rs365,857.
The All Pakistan Sarafa Gems and Jewellers Association reported the drop in gold prices. Silver prices also moved lower, with the price of per tola silver declining by Rs57 to Rs6,237.
In the international market, the price of gold dropped by $37 per ounce, contributing to the downward trend in domestic bullion prices. The new price of gold is now at $4,043 per ounce.