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Pakistani Gold Prices Tumble Amid Global Rate Hike Expectations

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Gold prices in Pakistan plummeted by Rs2,400 per tola on Monday, following a decline in the international market due to stronger US jobs data.

The price of gold fell to Rs463,136 per tola and Rs397,064 for 10 grams, as reported by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The global rate also decreased, with gold prices down $24 at $4,406 per ounce.

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