Gold prices plummet 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 Rs466,762 after a decline of Rs1,200 during the day.

Similarly, 10-gram gold was sold at Rs400,173 after it fell by Rs1,028, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Tuesday, gold price per tola reached Rs467,962 after a gain of Rs3,200 during the day.

The international rate of gold declined by $12 to reach $4,444 per ounce (with a premium of $20).