Gold prices plummet in Pakistan, global markets

KARACHI -- Gold prices in Pakistan plunged on Saturday in line with their loss in the international market. The per-tola price of yellow metal reached Rs436,336 after a loss of Rs4,300 during the day.

Similarly, 10-gram gold was sold at 374,087 after it decreased by Rs3,687, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Friday, gold price per tola reached Rs440,636 after a gain of Rs2,000 during the day. The international rate of gold was down by $43 to reach $4,138 per ounce.