Pakistan Gold Prices Plummet Amid International Market Decline
Gold prices have plummeted in Pakistan due to a decline in international bullion markets. The All Pakistan Sarafa Gems and Jewellers Association reported that the price of 24-karat gold per tola dropped by Rs4,300 to Rs436,336.
The association also noted that 10 grams of 24-karat gold decreased by Rs3,687 to Rs374,087, while 10 grams of 22-karat gold declined by Rs3,380 to Rs342,925.
In the international market, gold prices fell by $43 to $4,138 per ounce. Silver prices also declined in the local market, with a decrease of Rs56 to Rs6,522 per tola and Rs48 to Rs5,591 for 10 grams.