Gold price nosedives Rs10,400 per tola in Pakistan

Karachi: Gold prices in Pakistan plunged on Monday in line with their fall in the international market. The price of yellow metal per tola reached Rs340,500 after it lost Rs10,400 during the day.

As per the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA),10-gram gold was sold at Rs291,923, after it registered a decline of Rs8,917.

On Friday, gold price per tola reached Rs350,900 after it lost Rs1,800.

Furthermore, the international rate of gold also decreased by $104 to settle at $3,221 per ounce.