Gold price plunges Rs1,400 per tola in Pakistan

Karachi: Gold prices in Pakistan plummeted on Saturday in line with their decline in the international market. The price of the yellow metal reached Rs347,200 after it lost Rs1,400 during the day.

Similarly, 10-gram gold was sold at Rs297,668 after it shed Rs1,200, according to the rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Friday, gold price per tola reached Rs348,600 after it lost Rs700 during the day.  The international rate of gold also declined by $14 to settle at $3,288 per ounce.