Gold and silver prices declined in both the international and domestic markets on Thursday, with the price of 24-karat gold in Pakistan dropping by Rs4,600 per tola, according to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA).
The association said the price of 24-karat gold fell to Rs427,436 per tola, while the price of 10 grams of gold decreased by Rs3,944 to Rs366,457.
Silver prices also witnessed a decline, with the price of 24-karat silver falling by Rs61 per tola to Rs6,309.
In the international market, the price of gold dropped by $46 per ounce to $4,050 per ounce, contributing to the decline in domestic bullion prices.
Sarafa dealers said gold prices in the local market have declined by a cumulative Rs6,400 per tola over the past two days.
