Significant drop in gold prices in Pakistan

Karachi: In a major development, the price of gold per tola in Pakistan has witnessed a notable decrease on Wednesday.

According to the All Pakistan Gems and Jewelers Association, the price of gold has dropped by Rs 2,400 per tola.

Currently, the price of gold per tola stands at Rs 3,06,300, following a reduction of Rs 2,400. Additionally, the price of 10 grams of gold has fallen by Rs 2,058, bringing it down to Rs 2,62,602.

The global gold market has also seen a decline, with the price of gold falling by $24 per ounce. As of now, the international price of gold is $2,916 per ounce.