ISLAMABAD: Gold prices in Pakistan fell by Rs7,000 per tola to Rs424,536, while silver prices also declined in local and international markets amid a broad drop in precious metal rates.
According to the Sarafa Association, the price of 24-karat gold declined by Rs7,000 per tola to Rs424,536. The price of 10 grams of gold also dropped by Rs6,001 to Rs363,971.
In the international market, gold prices fell by $70 per ounce to $4,020, reflecting a decline in global bullion rates.
Silver prices also recorded a decrease in the domestic market, with the price of 24-karat silver falling by Rs221 per tola to Rs5,865.
The decline in international and local markets brought down the prices of both precious metals, with gold registering a significant reduction in its per-tola rate in Pakistan.