Gold prices plummet in Pakistan, global markets

Karachi: Gold prices in Pakistan fell on Tuesday, following a downward trend in the international market. In the local market, the gold price per tola reached Rs358,000 after a decrease of Rs1,500 during the day.

Per the rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), 10-gram gold was sold at Rs306,927 after it lost Rs1,286.

On Monday, the gold price per tola reached Rs359,500 after a gain of Rs500 during the day. The international rate of gold plunged by $15 to settle at $3,353 per ounce.