Gold Prices Fall Further in Pakistan as Global Rates Decline

Gold prices in Pakistan declined further on Monday, with the price of 24-karat gold falling by Rs1,800 per tola.

According to the All Pakistan Sarafa Association, the price of 24-karat gold dropped to Rs466,136 per tola.

The price of 10 grams of gold also decreased by Rs1,543, reaching Rs399,636.

Meanwhile, silver prices moved in the opposite direction in the local market. The price of silver increased by Rs67 to Rs7,179 per tola.

Gold prices also remained under pressure in the international market. The price of gold fell by $18 per ounce to $4,436.

The latest movement in international gold prices has also contributed to the decline in domestic gold rates, with local bullion markets continuing to closely track global trends.

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