Commodities
Pakistan Gold Prices Plummet as International Rates Weaken Further
Gold prices continued their downward trend in Pakistan on Monday, falling by Rs1,800 per tola to Rs466,136. According to the All Pakistan Sarafa Association, 24-karat gold decreased by Rs1,543 to Rs399,636 for every 10 grams.
Silver, however, moved in the opposite direction and increased by Rs67 per tola to Rs7,179.
The decline of gold prices is linked to the weakening of international rates, which fell by $18 per ounce to $4,436. Market participants are closely monitoring global bullion movements for further direction in precious metal prices.