[vc_row][vc_column][vc_column_text dp_text_size=”size-4″]The price of gold in Pakistan plummeted by Rs. 2,000 per tola on Tuesday, mirroring the global trend.
The price of gold (24 carats) fell by Rs. 2,000 per tola to Rs. 233,100, according to data issued by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), while the price of 10 grammes fell by Rs. 1,714 to Rs. 199,846.
On Monday, the price of gold increased by Rs. 1,100 per tola, kicking off the current week. In recent months, the price of gold in Pakistan has been rapidly rising.
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In both March and April, the price of the precious metal increased by Rs. 10,000 per tola. The increase in the current month is expected to be considerably greater, as prices climbed by Rs. 8,500 per tola in just the last week.
By 1215 GMT, spot gold was down 0.8 percent to $2,004.04 per ounce, while US gold futures were down 0.7 percent to $2,008.50.[/vc_column_text][/vc_column][/vc_row]
