Gold prices plummet in Pakistan, global markets

Karachi: Gold prices in Pakistan declined on Tuesday in line with their loss in the international market. In the local market, gold price per tola reached Rs432,236 after a decline of Rs10,400 during the day.

Similarly, 10-gram gold was sold at Rs368,985 after it fell by Rs9,360, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Monday, gold price per tola reached Rs442,636 after a gain of Rs4,643 during the day.

The international rate of gold declined by $104 to reach $4,098 per ounce (with a premium of $20).

Meanwhile, the price of silver also decreased by Rs487 to reach Rs6,664 per tola.