On Wednesday, gold prices in Pakistan experienced a reduction, mirroring the global downward trend. 

The current valuation of the precious metal stands at Rs220,000 per tola, marking a decrease of Rs1,300 throughout the day.

As reported by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the 10-gramme gold rate now stands at Rs188,614, reflecting a decline of Rs1,115.

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 In contrast, the previous day witnessed a surge of Rs 1,600 per tola in gold prices.

The international gold rate, despite a $12 dip in the global market, settled at $2,082 per ounce on Wednesday, with a $20 premium, according to APGJSA.

In contrast, silver rates remained unchanged at Rs2,680 per tola during this period.