Gold Prices down by Rs 2500

Gold prices has dropped by Rs. 2500 per tola  and traded 90,500 per tola in Pakistan due to de-escalation of regional tensions.

10-gram gold price fell Rs2,141 to Rs77,590.

The price of silver remained constant and traded at Rs 1070 per tola

10 gram silver traded at Rs 917.35.

In international market, the price of per ounce gold dipped by $ 32 and was traded at $1548 as compared to $1580 on last trading day, Karachi Sarafa association reported.

Earlier on Monday, the gold price spiked to an all-time high at Rs93,400 per tola following the escalation of regional tensions as the US killed an Iranian military commander in a drone strike. Later, Iran targeted the military bases in Iraq housing US forces which heightened the tensions.