Gold loses shine, plunges Rs2,500 per tola in Pakistan

Karachi: Gold price plunged R2,500 per tola in the local bullion markets of the country on Thursday contrary to Rs1,350 surge in the price on Wednesday.

The price of yellow metal settled at at Rs 147,900 against its sale at Rs150,400 the previous day.

The price of 10 gram gold also decreased by Rs2,144 and was sold at Rs 126,800.

In the international market, the price of yellow metal clawed back and slightly increased by $2 per ounce to settle at $1,637.

The price of per tola and 10 gram silver remained constant at Rs1,590 and Rs1,363.16, respectively.