Gold prices decline in Pakistan as global bullion rates weaken.
Gold Prices declined for the second consecutive day in Pakistan and the international market on Wednesday, according to the All Pakistan Sarafa Association.
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The price of 24-karat gold fell by Rs1,000 per tola, bringing the new rate to Rs426,436.
Meanwhile, the price of 10 grams of 24-karat gold dropped by Rs857 to Rs365,600.
In contrast, silver prices moved higher during the day’s trading.
The price of 24-karat silver increased by Rs68 per tola and reached Rs6,291.
Meanwhile, gold prices also weakened in the international market.
The international gold price fell by $10 per ounce, settling at approximately $4,040.
Market analysts said fluctuations in global bullion prices continued to influence Pakistan’s domestic gold market.
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