Gold bars and jewellery as gold prices fall in PakistanGold prices fall sharply in Pakistan as international bullion rates decline.

The price of gold in Pakistan continued its downward trend on Monday, according to the All Pakistan Sarafa Gems and Jewellers Association.

The price of one tola of gold fell by Rs12,800 to Rs438,136, the association said.

The price of 10 grams of gold also declined by Rs10,973, bringing the rate to Rs375,631.

Silver prices followed the same trend. The price of one tola of silver decreased by Rs325 to Rs6,578.

Gold prices also fell in international markets, where the price declined by $128 to $4,156 per ounce.

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International gold prices can be influenced by several factors, including movements in the US dollar, global economic conditions, investor demand and geopolitical developments.

Changes in international bullion rates are also reflected in Pakistan’s local gold market, although domestic prices can vary because of currency movements and other market factors.

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