KARACHI: Gold prices saw a mammoth fall on Thursday following a significant downturn in the international bullion value, closing below USD4,000 per ounce, traders said.
They plunged by Rs10,900 to reach Rs416,536 per tola and Rs9,345 to Rs357,112 per 10 grams, All Pakistan Sarafa Gems and Jewellers Association said.
On the international market, bullion prices fell by USD109 to settle at USD3,940 per ounce, while silver closed at USD51 per ounce, down by USD2.
Domestic silver market declined by Rs190 and Rs163, where the white metal was selling at Rs5,578 per tola and Rs4,782 per 10 grams, respectively, the association added.
It is worth noting that the open market may trade gold and silver at prices differing those set by the association as per the interbank exchange rates.
Copyright Business Recorder, 2026
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