Gold prices go down locally

Gold prices witnessed a decline on Tuesday in both international and local markets.

In the international bullion market, the price of gold dropped by $14 per ounce, bringing it to $2,661. This global decrease influenced prices in Pakistan's local bullion markets.

The price of 24-karat gold per tola fell by Rs1,400, settling at Rs277,900, while the price of 10 grams of gold dropped by Rs1,201 to Rs238,254.

In contrast, the prices of silver remained unchanged. Per tola silver held steady at Rs3,350, while 10 grams of silver maintained its price at Rs2,872.08.

The fluctuation in gold prices is attributed to global market trends, impacting local rates accordingly.