Pakistan Gold Prices Plunge Amid International Rate Decline
Gold prices in Pakistan dropped on Monday due to a decline in international rates. The local market saw gold per tola decrease by Rs3,800 to reach Rs453,336. This is a significant drop from Saturday's rate of Rs457,136.
The international rate of gold also fell by $38 to $4,308 per ounce. This decline in global prices affected the domestic market, leading to a decrease in the price of gold and silver in Pakistan.
Silver prices also dropped by Rs122 to reach Rs6,802 per tola. The All-Pakistan Gems and Jewellers Sarafa Association shared these rates, which are relevant for buyers and sellers in the local market.