Gold and silver prices in Pakistan fell after reaching record highs earlier this month.
According to market data, the price of 24-carat gold dropped by Rs2,400 per tola, settling at Rs388,600. The price of 10 grams of gold also declined by Rs2,058 to Rs333,161.
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Silver followed the same downward trend. Its price per tola fell by Rs109, closing at Rs4,387.
International trends played a major role in the local market’s movement. The price of gold in the global market dropped by $24 per ounce, standing at $3,668. Dealers said this global dip directly impacted local rates.