The price of gold in Pakistan saw massive drop on Thursday, reflecting global market trends.
In the local market, the price of 24-karat gold per tola decreased by Rs2,000, settling at the highest ever Rs318,800, according to data shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
Similarly, the price of 10 grams of 24-karat gold fell by Rs1,712, taking it to Rs273,319.
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In the international market also, the price of gold saw a drop of $19 on Thursday, reaching $3,031 per ounce with an additional premium of $20.
Moreover, the price of 24-karat silver in the local market also decreased to Rs3,475 per tola.
