Pakistan Gold Prices Plummet by Rs3700 Per Tola Amid Global Market Volatility

Gold prices in Pakistan plummeted by Rs3,700 per tola on Saturday, according to rates issued by the All Pakistan Sarafa Gems and Jewellers Association. The price of 24-karat gold settled at Rs426,736 per tola, while 10 grams of 24-karat gold decreased by Rs3,202 to Rs365,857. Meanwhile, 10 grams of 22-karat gold dropped by Rs2,907 to Rs335,381.

The association reported that the price of gold in the international market declined by $37 to $4,043 per ounce. Similarly, the price of silver per tola decreased by Rs57 to Rs6,237, while the price of 10 grams of silver fell by Rs49 to Rs5,347.

The association added that the price of silver in the international market also declined by $0.57 to $57.58 per ounce.