The price of gold in Pakistan continued to decline, showing a massive fall on Tuesday, reflecting global market trends.
In the local market, the price of 24-karat gold per tola decreased by a record Rs7,000, settling at Rs270,500, according to data shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
Similarly, the price of 10 grams of 24-karat gold fell by Rs6,000, taking it to Rs231,911.
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In the international market also, the price of gold decreased by a massive $77 on Tuesday, reaching $2,593 per ounce with an additional premium of $20.
Silver prices in the local market also followed international trends to witness a decrease of Rs50, reaching Rs3,250 per tola.