KARACHI – Gold rates in Pakistan plunged in contrast with the global market trend.
Local market jewelers rates suggest that yellow metal saw a drop of Rs1,500 on Saturday.
Following the price tweak, the 24 carats of gold settled at Rs208,350 per tola. The 10-gram gold was sold at Rs178,636 after a fall of Rs130.
The price of gold reached $1992 per ounce with a drop of $7 in the international market.
Gold remained volatile in Pakistan amid continued political and economic uncertainty and soaring inflation, and people prefer to buy bullion in such times as a safe investment.
Currency exchange rates in Pakistan today – October 21, 2023
