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Local Gold Plunges By Rs35,500 Per Tola
Local Gold Plunges By Rs35,500 Per Tola
The price of local gold in Pakistan fell sharply by Rs35,500 per tola in the latest trading session, officials said. Analysts attributed the decline to easing global gold prices, strengthening of the Pakistani rupee, and reduced investor demand amid improving economic indicators. Jewellery retailers and traders reported lower buying activity, while market experts advised investors to monitor international trends and domestic monetary policies before making investment decisions. The fall marks one of the steepest single-session declines in recent months.