Gold prices reached 4,90,362 Rupees as the third largest decline in gold prices in history is being recorded in the global and local gold markets.
According to the All Pakistan Sarafa Gems and Jewelers Association, the price of 24-carat gold per tola in the local market decreased by Rs 21,500 to Rs 490,362, while the price of ten grams of gold decreased by Rs 18,433 to Rs 420,406.
In Pakistan, the price of gold per tola has become cheaper by Rs 82,500 in three days, the price of silver per tola in the country has decreased by Rs 602 to Rs 8,405.
The sudden decline in the global gold market has caused turmoil in the gold markets, investors have lost trillions of dollars, the price of gold per ounce in the global market has fallen by $ 825 in three days, today the price of gold per ounce has fallen by $ 215 in a day to $ 4,676.
Read also: Gold prices witness sharp swings in national, international markets
