Gold Prices Plummet by Rs600 Per Tola in Karachi
Karachi's gold prices dropped by Rs600 per tola on Thursday following a decline in international markets. The All Pakistan Sarafa Gems and Jewellers Association reported that 24-karat gold rates reached Rs462,336 per tola.
The price of 10-gram gold also fell by Rs515 to Rs396,378, according to the association.
In the international market, gold rates dropped by $6 to $4,398 per ounce. Local prices are adjusted with a premium of $20 against international rates.