Gold price continues to plunge in Pakistan

Karachi: Gold prices in Pakistan declined on Friday in line with their decrease in the international market. In the local market, gold price per tola reached Rs356,700 after a loss of Rs2,300 during the day.

As per the rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), 10-gram gold was sold at Rs305,812 after it shed Rs1,972.

On Thursday, gold price per tola reached Rs359,000 after a loss of Rs5,900 during the day.The international rate of gold decreased on Friday. As per APGJSA, the rate was at $3,340 per ounce (with a premium of $20), a loss of $23.

Meanwhile, silver price per tola decreased by Rs34 to settle at Rs4,023.