Gold prices register massive fall in Pakistan

Gold prices register massive fall in Pakistan

The price of gold further witnessed a drop in Pakistan after the prices ofyellow metal decreased in the international market on Tuesday.

The price of 24-karat of pure gold declined by Rs3,100 per tola to reachRs2,04,200 per tola in the Pakistani yellow metal bazaar.

The All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) shows theprice of 10 grams of 24 Karats gold dropped by Rs2,658 to settle atRs1,75,068 per 10 grams.

In the international market, the commodity price decreased by $14 to reach$1,968 per ounce on Tuesday.

Meanwhile, silver prices in the domestic market also reduced by Rs50 pertola to settle at Rs2,200 per tola.