Pakistan Gold Prices Plummet as International Rates Rebound
Gold prices in Pakistan plummeted on Saturday, marking a significant decline. According to the All Pakistan Sarafa Gems and Jewelers Association, the price of gold per tola decreased by Rs. 3,700 to settle at Rs. 426,736. The price of 10 grams of gold also fell by Rs. 3,202 to close at Rs. 365,857.
In the international market, gold prices experienced a sharp drop, losing $37 to settle at $4,043 per ounce. This decline is likely to have an impact on gold prices in Pakistan as they tend to follow international trends.