Gold price plunges Rs7,000 per tola in Pakistan

Karachi: Gold prices in Pakistan recorded a visible decline on Tuesday, in line with international rates. The price of the yellow metal lost Rs7,000 to settle at Rs270,500.

According to rates shared by the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA), 10-gram gold was sold at Rs231,911 after a decrease of Rs6,000.

On Monday, gold price declined by Rs1,300 to settle at Rs277,500. The international rate of gold decreased by $77 to settle at $2,593 per ounce.