Gold Prices Drop in Pakistan as Global Market Weakens

KARACHI: Gold prices in Pakistan declined on Monday, following a downturn in the international market.

The price of gold per tola dropped by Rs 1,600, settling at Rs 495,362. Similarly, the price of 10 grams of gold fell by Rs 1,371 to Rs 424,693.

In the global market, gold also slipped by $16 per ounce, reaching $4,730.

Meanwhile, silver prices moved in the opposite direction. In the local market, the price of silver per tola decreased by Rs 130, reaching Rs 7,934.