The value of gold in the international market experienced a significant decline, dropping by $36 per ounce to $3,618. In Pakistan’s local bullion market, the price of 24-carat pure gold per tola also decreased, falling by Rs4,100 and reaching a new price of Rs384,000. Additionally, the price of gold for 10 grams decreased by Rs3,515, bringing it to Rs329,218. It is important to note that gold prices have been continuously rising over the past few weeks; however, this recent downward trend has now become evident.
Gold prices plunge sharply in local and global markets
