Gold prices continue to plunge in Pakistan, global markets

Karachi: Gold prices in Pakistan plummeted on Tuesday in line with their loss in the international market. The per tola price of yellow metal reached Rs500,162 after a decline of Rs1,000 during the day.

Similarly, 10-gram gold was sold at Rs428,808 after it fell by Rs857, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Monday, gold price per tola reached Rs501,162 after a decline of Rs4,900 during the day. The international rate of gold declined by $10 to reach $4,778 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs59 to reach Rs8,358 per tola.