Gold prices in Pakistan register big decrease

The price of gold in Pakistan saw a big drop on Saturday, reflecting global trends in the precious metals market. 

The cost of 24-karat gold fell to Rs320,000 per tola after seeing a price drop of a massive Rs5,500. Dealers reported a similar hike in the price of 10 grams of 24-karat gold, which has gone down by Rs4,714 to now trade at Rs274,348. Furthermore, the price of 10 grams of 22-karat gold also reported a decrease to trade at Rs251,494. 

The price of 24-karat silver per tola is currently standing at Rs3,120 after a drop of Rs460. Internationally also, the gold price saw a decrease of $51, reaching $3,035 per ounce.