The gold prices in Pakistan continued to decline on Monday, 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 Rs300, bringing the new rate to Rs256,500.
Similarly, the price of 10-gram gold also saw a dent of Rs258, reaching Rs219,907. The price of 10 grammes of 22-karat gold has reached Rs201,582.
Also Read: Gold prices in Pakistan fall after consistent rise
The international gold market also experienced a reduction on Monday, with the price per ounce falling by $16 to $2,427, as reported by the APGJSA.
Conversely, silver rates in the local market remained stable at Rs2,900 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.
