Gold prices in Pakistan declined on Thursday after strong gains over the previous three trading sessions.
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According to the All Pakistan Sarafa Gems and Jewellers Association (APGJSA), the price of 24-carat gold per tola dropped by Rs2,300 to settle at Rs452,936.
In addition, the price of 10 grams of 24-carat gold decreased by Rs2,070 and closed at Rs387,615.
Silver prices also followed a downward trend. The per tola rate of silver fell by Rs144 to reach Rs7,359.
Meanwhile, the decline in domestic bullion rates aligned with weakness in the international market. Globally, gold prices lost $23 per ounce and traded at $4,305 amid reduced demand pressures.
