Gold prices in Pakistan fell on Monday, in line with a major decline in the international market.
In the local market, the price of gold per tola dropped by Rs. 5,500, settling at Rs. 470,162, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
The price of 10 grams of gold also decreased, falling by Rs. 4,715 to Rs. 403,088.
This drop comes after a gain on Saturday, when gold prices had risen by Rs. 2,300 per tola to reach Rs. 475,662.
Internationally, gold prices declined by $55, bringing the rate down to $4,478 per ounce, including a $20 premium.
Silver prices also saw a decrease, with the rate per tola falling by Rs. 332 to Rs. 8,075.