Gold prices in Pakistan have witnessed a significant decline, falling by more than Rs 8,000 per tola, according to the All Pakistan Gems and Jewellers Association.
The association reported that the price of gold per tola decreased by Rs 8,900, bringing it down to Rs 485,062.
Similarly, the price of 10 grams of gold dropped by Rs 7,630, reaching Rs 415,862.
In the international market, gold prices also saw a decline, falling by $89 to settle at $4,627 per ounce.
Market experts say the drop is linked to fluctuations in global economic trends and reduced demand in international trading markets.
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