Gold price plummets Rs3,600 per tola in Pakistan

Karachi: Gold prices witnessed a massive decline in Pakistan on Saturday in line with a decrease in the international rate.

In the local market, the price of the yellow metal settled at Rs239,400 per tola after a single-day decline of Rs3,600.

According to rates shared by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the 10-gram gold was sold at Rs205,247 after it registered a decrease of Rs3,086, 

On Friday, gold price per tola remained unchanged in Pakistan.

The international rate of gold decreased on Saturday. As per APGJSA, the rate was set at $2,292 per ounce (with a premium of $20) after it lowered by $70 during the day.