Gold prices plummet in Pakistan, global markets

Karachi: Gold prices in Pakistan decreased on Tuesday in line with their loss in the international market. In the local market, gold price per tola reached Rs444,162 after a decline of Rs2,700 during the day.

Similarly, 10-gram gold was sold at Rs380,797 after it fell by Rs2,315, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Monday, gold price per tola reached Rs446,862 after an increase of Rs2,700 during the day.The international rate of gold declined by $27 to reach $4,218 per ounce (with a premium of $20).