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Gold Rate Crashes By Over Rs. 10,000 in Pakistan

Gold prices crashed in Pakistan on Tuesday after international rates also recorded a sharp decline during the session.

According to the All Pakistan Sarafa Gems and Jewelers Association, the price of gold per tola in Pakistan decreased by Rs. 10,400 to Rs. 432,236.

The price of 10 grams of gold also fell by Rs. 9,360 to settle at Rs. 368,985.

A day earlier, gold prices rose by Rs. 4,643 to close at Rs. 442,636 per tola on Monday.

In the international market, gold prices lost $104 to settle at $4,098 per ounce.

Silver decreased in value on the same day. It lost Rs. 487 to settle at Rs. 6,664 per tola on Tuesday.

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