Gold Suffers Massive Crash in Pakistan Again

Gold prices in Pakistan fell 5th day in a row on Thursday following a similar trend observed in international gold prices.

The price of 24-karat gold closed at Rs. 448,336 per tola after losing Rs. 5,600, according to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The price of 10 gram gold settled at Rs. 384,375 after losing Rs. 4,801.

Gold lost Rs. 1,800 on Wednesday to close at Rs. 453,936.

In the international market, gold lost $56 to settle at $4,258 per ounce, including a $20 premium.

Meanwhile, silver lost Rs. 171 to close at Rs. 6,837 per tola on Thursday.