Gold prices in Pakistan declined on Monday, following a downward trend in the international market.
In the local market, the price of gold per tola dropped by Rs5,300 to settle at Rs488,362.
According to rates issued by the All Pakistan Gems and Jewelers Sarafa Association, the price of 10-gram gold also decreased by Rs4,544, reaching Rs418,691.
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On Saturday, the price of gold per tola had already witnessed a decline of Rs400, closing at Rs493,662.
In the international market, gold prices fell by $53 per ounce, bringing the global rate down to $4,660 per ounce, including a premium of $20.
Meanwhile, silver prices in the local market remained unchanged, with silver per tola holding steady at Rs8,513.
