Gold prices in Pakistan crashed on Friday, with the price of 24-karat gold declining by Rs. 7,000 per tola to Rs. 424,536 in the local market.
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 10-gram gold also decreased by Rs. 6,001 to Rs. 363,971.
The decline followed a drop in international gold prices, which fell by $70 to $4,020 per ounce.
On Thursday, gold prices in Pakistan lost Rs. 3,000 with the price of gold standing at Rs. 431,536 per tola.
Silver prices fell by Rs. 221 to settle at Rs. 5,865 per tola.
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