Gold prices in Pakistan saw a significant decline on Tuesday after reaching all-time highs in the previous few days.
According to All Pakistan Sarafa Gems and Jewellers Association (APSGJA), gold price per tola reached Rs450,862 after a drop of Rs4,000 during the day.
Similarly, 10 grams of 24-karat gold declined by Rs3,429 to Rs386,541, while 10 grams of 22-karat gold fell by Rs3,143 to Rs354,342.
The worldwide price of gold dropped by $40 to $4,285 per ounce.
Meanwhile, silver’s price stayed at its new all-time high of Rs6,532 per tola.
Notably, yesterday, gold price per tola reached Rs454,862 after a gain of Rs2,600 during the that day.
According to market observers, the local gold market will probably continue to be erratic over the next several days, with buyers and traders keeping a close eye on any new developments as prices closely follow global trends and investor reactions.
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