Gold prices in Pakistan dropped after hitting record high in the previous session.
On first trading day of the week, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold fell by Rs600 and closed at Rs271,900 per tola.
The price of 10-gramme of gold was recorded at Rs233,110 after sliding by Rs471.
It is worth mentioning that the gold price in the last two trading sessions jumped by Rs4,000 per tola.
The last gold rate before Monday’s closing was Rs272,500 per tola.
Furthermore, silver prices were unchanged once again, clocking in at Rs2,950 per tola.
The price of gold in the global market also witnessed a loss of $5 during the day and was recorded at $2,617 per ounce. This price also includes a premium of $20.