Gold price plummets Rs3,000 in Pakistan

Karachi: Gold prices in Pakistan plunged on Wednesday in line with their decrease in the international market.

The price of yellow metal reached Rs356,000 per tola after a loss of Rs3,000 during the day.

According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), 10-gram gold was sold at Rs305,212 after it shed Rs2,572.

On Tuesday, gold price per tola reached Rs359,000 after a loss of Rs700 during the day..

The international rate of gold decreased on Wednesday. The rate was at $3,335 per ounce (with a premium of $20), a loss of $30, as per APGJSA.