Gold prices witness visible plunge in Pakistan

Karachi: Gold prices in Pakistan plummeted significantly on Saturday in line with their loss in the international market. In the local market, gold price per tola reached Rs430,662 after a decline of Rs9,100 during the day.

Similarly, 10-gram gold was sold at Rs369,223 after it fell by Rs7,799, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Friday, gold price per tola reached Rs439,762 after a decline of Rs3,300 during the day.

The international rate of gold declined by $91 to reach $4,083 per ounce (with a premium of $20).