Big fall in gold rates in Pakistan after losing shine in international market

The gold price in Pakistan on Monday saw a big decline in line with the developments in the international market.

According to the 24News HD TV channel, the price of 24-Karat gold fell by Rs1,000 per tola and Rs858 per 10 grams to reach Rs2,20,700 and Rs1,89,214 respectively.

The price of the yellow metal lost $7 to settle at $1,951 per ounce in the international market on Monday.

The price of silver remained unchanged at Rs2,650 per tola and Rs2,271.94 per 10 grams.