Gold prices decline in Pakistan, global markets

Karachi: Gold prices in Pakistan plunged on Tuesday in line with their loss in the international market. In the local market, gold price per tola reached Rs530,562 after a decline of Rs1,500 during the day.

Similarly, 10-gram gold was sold at Rs454,871 after it fell by Rs1,286, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Monday, gold price per tola reached Rs532,062 after a gain of Rs10,900 during the day. The international rate of gold declined by $15 to reach $5,082 per ounce (with a premium of $20).