Gold Rate Drops by Nearly Rs. 50,000 in Pakistan
Intelligence report synthesized for precision. Verified source updates below.
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Gold in Pakistan took a sharp dip on Monday, mirroring the big slump in global markets which saw bullion drop near $4,400 per ounce.
The price of one tola fell by Rs. 43,500 to Rs. 447,762, while 10 grams dropped to Rs. 383,883, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On Friday, gold plunged to Rs. 491,362 per tola after losing Rs. 8,100 during the session.
Silver also depreciated after losing Rs. 800 to settle at Rs. 6,884 per tola.
