Gold prices in Pakistan dropped on Tuesday, following a decline in the international market. In the local market, the price of gold fell by Rs. 1,100 per tola, settling at Rs. 356,600.
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 10 grams of gold also slipped by Rs. 943, closing at Rs. 305,727.
A day earlier, gold had risen by Rs. 1,500 per tola, reaching Rs. 357,700 on Monday.
Globally, gold prices also moved down. The international rate was recorded at $3,339 per ounce, including a $20 premium, reflecting a decline of $11, APGJSA reported.