Business

Gold plunges Rs5,400 per tola in Pakistan as int'l market reacts to Trump’s victory

The price of the yellow metal settles at Rs276,800 per tola

GNN Web Desk
Published 2 months ago on Nov 7th 2024, 4:30 pm
By Web Desk
Gold plunges Rs5,400 per tola in Pakistan as int'l market reacts to Trump’s victory

Karachi: Gold prices significantly dropped in the local bullion markets in the country on Thursday after the international market reacted to the victory of Donald Trump's winning of the US presidential election.

The price of the yellow metal dropped by a massive Rs5,400  to settle at Rs276,800.

Similarly, 10-gram gold was sold at Rs237,311 after it recorded a significant decrease of Rs4,630, according to rates shared by the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA).