Gold prices decline in Pakistan amid global decline

Gold prices in Pakistan saw a significant drop on Tuesday, mirroring the decline in international gold rates.

The price of gold per tola decreased by Rs2,100, reaching Rs274,900, while the price of 10 grams fell by Rs1,800, standing at Rs235,682. These changes were reported by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

This decline follows a reduction in the international gold rate, which fell by $21 on Monday, bringing the price down to $2,637 per ounce, with a premium of $20.

In the previous session, the price of gold in Pakistan had decreased by Rs800 per tola.

Meanwhile, silver prices remained stable at Rs3,400 per tola, showing no change from previous rates.