Pakistan Gold Price Plunges by Rs15,100 Amid Global Market Slump
The gold price in Pakistan has seen a massive drop, falling by Rs15,100 per tola. The new rate for 24-karat gold is now at Rs467,936, according to the All Pakistan Sarafa Gems and Jewellers Association.
This significant decline is not limited to Pakistan as international gold prices also plummeted, dropping by $151 per ounce to reach $4,454.
Silver prices in Pakistan have followed suit, with a drop of Rs397 for 24-karat silver and Rs340 for 10 grams of silver. The new rates are now at Rs7,112 and Rs6,097 respectively.