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Commodities

Pakistan Gold Prices Plummet Amid Global Decline

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Gold prices in Pakistan dropped on Monday due to a decline in international rates. The local market saw gold price per tola fall by Rs2,700 during the day, reaching Rs457,536.

The price of 10-gram gold also decreased by Rs2,315, selling at Rs392,263 as per rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

This decline comes after a Rs100 drop on Saturday, when the gold price per tola reached Rs460,236.

The international rate of gold dropped by $27 to reach $4,350 per ounce. However, silver prices remained stable at Rs7,100 per tola.

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