Gold prices drop in Pakistan, global markets

Karachi: Gold prices in Pakistan plunged on Thursday in line with their decline in the international market. In the local market, the gold price per tola reached Rs353,000 after a loss of Rs2,000 during the day.

Per the rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), 10-gram gold was sold at Rs302,641 after it shed Rs1,714.

On Wednesday, the gold price per tola reached Rs355,000 after a gain of Rs300 during the day. The international rate of gold fell by $20 to settle at $3,303 per ounce.