Gold prices in Pakistan experienced a decline on Saturday, following a rise in the previous session, reflecting a downward trend in international markets.
In the local market, the price of gold per tola fell to Rs256,800, marking a decrease of Rs500.
The All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) reported that the price of 10 grammes of gold dropped by Rs429, bringing it to Rs220,165.
On Friday, gold prices had surged by Rs2,400 per tola, reaching a record high of Rs257,300.
Globally, gold prices also fell on Saturday. The APGJSA noted that the international price stood at $2,443 per ounce, which included a $20 premium, after experiencing a $15 decrease during the day.
In contrast, silver prices remained unchanged, holding steady at Rs2,900 per tola.
