After a brief rise in the previous session, gold prices in Pakistan witnessed a decline on Thursday, following a drop in international rates.
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola fell by Rs1,100, bringing the new rate to Rs274,400.
Similarly, the price of 10 grams of gold decreased by Rs943, closing at Rs235,254. This follows an increase of Rs600 in the previous session when the price settled at Rs275,500 per tola.
Internationally, gold prices also softened, with the metal trading at $2,642 per ounce, down by $11 during the day. The global rate included a $20 premium, as shared by the APGJSA. Despite the decline, silver prices in the local market remained steady at Rs3,050 per tola.
