Business

Gold price plummets Rs600 per tola in Pakistan

The price of yellow metal settles at Rs274,900 per tola

GNN Web Desk
Published 3 months ago on Oct 1st 2024, 3:10 pm
By Web Desk
Gold price plummets Rs600 per tola in Pakistan

Karachi: Gold prices continued lowering on the fourth business day on Tuesday as the yellow metal lost a further Rs600 per tola in the local bullion markets to clock in at Rs274,900 per tola.  

The local gold prices followed the international trend of gold prices.

Similarly, 10-gram gold was sold at Rs235,682 after it recorded a decrease of Rs515, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Monday, gold price had fallen by Rs500 to settle at Rs275,500.

The international rate of gold decreased by 6$ to settle at  $2,647 per ounce.