Gold market update: Significant price drop in Pakistan
Web Desk
|
8 months ago
Pakistan reported a sharp drop in gold prices on Saturday as global prices fell.
The All Pakistan Gems and Jewellers Association reports that the price of 24-karat gold dropped by Rs4,700 a tola, to Rs301,500. At Rs258,487, the price of 10 grams of gold fell by Rs4,030.
The price of the precious metal dropped $50 to $2,883 per ounce on the global market.
The price of 10 grams of gold rose by Rs1,886 to Rs262,517 a day earlier, while the price of per tola gold jumped by Rs2,200 to reach an all-time high of Rs306,200.
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