Gold price plummets in Pakistan

Karachi: Gold prices fell in the country's bullion markets on Monday in line with their decline in the international market. The price of the yellow metal reached Rs362,300 per tola after a decline of Rs700 per tola during the day.

According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), 10-gram gold was sold at Rs310,613 per tola after it fell Rs600.

On Saturday, gold price per tola reached Rs363,000 after it gained Rs1,500 during the day. The international rate of gold also plunged by $18 to settle at $3,414 per ounce.