Gold price plunges by Rs2,400 per tola in Pakistan

Bullion prices in the local market decrease by Rs2,400 per tola and Rs2,058 per 10 grams.

• Cumulatively, the precious commodity lost around Rs1,000 during the outgoing week.
• It drops by $26 per ounce to around $1,787 in the international market.

KARACHI (Nov 27)  Gold once again lost its shine, as it declined by over Rs2,000 per tola in Pakistan on Saturday in line with global markets.

Bullion prices in the local market recorded a decrease of Rs2,400 per tola and Rs2,058 per 10 grams to settle at Rs122,800 per tola and Rs105,281 per 10 grams.

Cumulatively, the precious commodity lost around Rs1,000 during the outgoing week.

It receded $26 per ounce to around $1,787 in the international market, according to All Sindh Saraf Jewellers Association (ASSJA).

GEO-NEWS