Pakistan Gold Prices Plummet Amid Global Market Decline
Gold prices in Pakistan have declined due to a drop in the international market. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), gold price per tola decreased by Rs3,700, reaching Rs458,236. This decline is also reflected in the price of 10-gram gold, which fell by Rs3,172 to reach Rs392,863.
The international rate of gold has declined by $37, reaching $4,358 per ounce with a premium of $20. The price of silver has also decreased, falling by Rs186 to reach Rs6,800 per tola. These changes in the global market have had a ripple effect on the local market.