Gold Prices Plummet in Pakistan's Local Market

The All Pakistan Sarafa Gems and Jewellers Association reported that gold prices declined in the local market on Saturday. According to the association, 24-karat gold per tola fell by Rs2,100 to settle at Rs450,936.

Additionally, 10 grams of 24-karat gold decreased by Rs1,800 to Rs386,604, while 10 grams of 22-karat gold declined by Rs1,651 to Rs354,399.

In the international market, the price of gold fell by $21 to $4,284 per ounce. The association also reported that silver prices decreased in both local and international markets.