KARACHI: Gold prices drop in domestic and international markets on Saturday.
According to the All Pakistan Gems and Jewellers Association, in the international bullion market, gold rate eased by $2 to $3,643 an ounce, leading to a Rs200 decline in the local 24-carat gold rate to Rs386,300 per tola.The price of 10 grams of 24-carat gold slid by Rs172 to Rs331,189.
Silver also registered losses, with the per-tola rate down Rs13 to Rs4,443 and 10 grams lower by Rs11 to Rs3,807. The association said prices reflect prevailing global market trends and currency movements.
Earlier on Thursday, gold and silver prices fell in both international and domestic markets after reaching all-time highs in Pakistan.