The gold prices in Pakistan continued to decline further on Tuesday, reflecting a downward trend in the international market.
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola decreased by another Rs500, bringing the new rate to Rs256,000.
Similarly, the price of 10-gram gold also saw a dent of Rs428, reaching Rs219,479. The price of 10 grammes of 22-karat gold has reached Rs201,189.
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The international gold market also experienced a reduction on Tuesday, with the price per ounce falling by $17 to $2,410, as reported by the APGJSA.
Moreover, silver rates in the local market also declined by Rs50 to reach Rs2,850 per tola, showing no change.
Earlier this month, gold prices in Pakistan reached an all-time high, with the per tola rate increasing by Rs4,600 to Rs254,000.
This record-setting trend underscores the volatility and significant shifts in the precious metals market, influenced by both domestic and global economic factors.
