Gold price plunges Rs2,600 per tola in Pakistan

Karachi: Gold prices in Pakistan plunged on Thursday in line with their decrease in the international rate. The price of the yellow metal per tola stood at Rs273,300 after a single-day decrease of Rs2,600.

According to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the 10-gram gold was sold at Rs234,311 after it registered a decrease of Rs2,229.

On Wednesday, gold price per tola increased by Rs1,000 in Pakistan. The international rate of gold declined by $26 to settle at $2,621 per ounce.