Gold price plunges by Rs4,900 per tola in Pakistan
Caption: Representational image.
Gold prices in Pakistan decreased on Monday in line with their losses at the international market, reported 24NewsHD TV channel.
According to details, in the local market, 20-karat gold price per tola reached Rs501,162 after a decline of Rs4,900 during the day.
Similarly, 10-gram gold was sold at Rs429,665 after it fell by Rs4,201, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
Earlier, on Saturday, gold price per tola reached Rs506,062 after a gain of Rs4,500 during the day.
The international rate of gold declined by $49 to reach $4,788 per ounce (with a premium of $20).
Meanwhile, the price of silver also decreased by Rs145 to reach Rs8,417 per tola.
Reporter: Ashraf Khan