Gold prices in Pakistan continued their downward trend, reflecting the movement in the international market, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
Locally, the price of gold dropped by Rs500 per tola, now standing at Rs255,500. The price for 10 grams of gold decreased by Rs429, bringing it to Rs219,050.
Globally, gold was priced at $2,393 per ounce (including a $20 premium), having fallen by $17 during the day.
In contrast, silver rates remained unchanged at Rs2,850 per tola.
Last week, gold prices had surged by Rs2,400 per tola, reaching an all-time high of Rs257,300.
