A day after a massive decline, the price of gold in Pakistan saw another big drop on Tuesday, reflecting global market trends.
In the local market, the price of 24-karat gold per tola decreased massively by Rs4,100, settling at Rs274,300, 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 Rs3,515, taking it to Rs235,168.
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In the international market also, the price of gold saw a huge drop of $41 on Tuesday, reaching $2,631 per ounce with an additional premium of $20.
Silver prices in the local market also decreased significantly by Rs50, and reached at Rs3,400 per tola.