Gold prices plummet in Pakistan, global markets

Karachi: Gold prices in Pakistan declined on Saturday in line with their loss in the international market. The per tola price of the yellow metal reached Rs481,862 after a decline of Rs600 during the day.

Similarly, 10-gram gold was sold at Rs413,118 after it fell by Rs515, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Friday, gold price per tola remained stable at Rs482,462.

The international rate of gold declined by $6 to reach $4,595 per ounce (with a premium of $20).