Gold price loses shine in Pakistan, globalr markets

Karachi: Gold prices in Pakistan plunged in line with their fall in international rates on Saturday. The price of yellow metal clocked in at Rs306,000 per tola after it declined by Rs1,000.

According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), 10-gram gold was sold at Rs262,345 after it registered a decrease of Rs858.

On Friday, gold price per tola surged by Rs3,000 to settle at Rs307,000 in Pakistan.

The international rate of gold increased by $11 to settle at $2,910 per ounce.