Gold prices fall in Pakistan as global market loses ground
Gold prices in Pakistan fell on Saturday, tracking a decline in the international market.
In the local market, the price of gold dropped by Rs1,600 per tola to Rs439,036, according to rates released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
The price of 10-gram gold decreased by Rs1,372 to Rs376,402.
On Friday, gold had gained Rs2,800 per tola to reach Rs440,636.
In the international market, gold prices fell by $16 to $4,165 per ounce.
Meanwhile, silver prices declined by Rs81 per tola to Rs6,175.