Gold price plummets Rs1,400 per tola in Pakistan

Karachi: Gold prices in Pakistan plummeted for the second consecutive session on Wednesday with a Rs1,400 per tola drop. The price of the yellow metal settled at Rs260,100.

According to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the 10-gram gold was sold at Rs222,994 after it registered a decrease of Rs1,200. 

On Tuesday, gold price declined by Rs1,000 to Rs261,500. The gold price also fell by $17 to settle at $2,481 per ounce in the international market.