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Commodities

Pakistan Gold Prices Plummet Amid Global Decline

Guavy AI Editorial Team
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Gold
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Gold prices in Pakistan plummeted by Rs15,100 per tola on Saturday due to a decline in international bullion rates. The All Pakistan Sarafa Gems and Jewellers Association reported that 24-karat gold dropped to Rs467,936 per tola.

The price of 10-gram gold also fell sharply, decreasing by Rs12,946 to Rs401,179. This significant drop follows a recent appreciation in gold prices.

In international markets, gold settled at $4,454 per ounce after dropping by $151. Local prices in Pakistan are typically benchmarked to global rates with a premium of $20 per ounce.

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Pakistan Gold Prices Plummet by Rs15,100 per Tola Amid Global Decline

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