Gold prices plunge by Rs6,500 per tola in Pakistan

Gold prices plunge by Rs6,500 per tola in Pakistan
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Summary Gold prices in Pakistan fell by Rs6,500 per tola to Rs429,136, while international rates dropped $65 to $4,066 per ounce after a two-day rally.

KARACHI (Dunya News) – Gold prices witnessed a significant decline in local and international markets after recording gains for two consecutive days.

According to the Sarafa Association, the price of 24-karat gold per tola in Pakistan dropped by Rs6,500 to settle at Rs429,136.

Similarly, the price of 10 grams of gold fell by Rs5,573 to Rs367,914.

Silver prices also moved lower, with the per-tola rate declining by Rs85 to reach Rs5,678.

In the international market, gold prices fell below the $4,100-per-ounce mark. The price of an ounce of gold dropped by $65 to reach $4,066.
 

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