Domestic gold rates in Pakistan dropped on Wednesday, as 24-karat gold decreased by Rs. 900 per tola to reach Rs. 434,536 in local trading.
Data released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) showed that 10-gram gold also dropped by Rs. 772, settling at Rs. 372,544.
This downward movement came after global gold rates decreased by $9, reaching $4,120 per ounce.
Local bullion markets previously shed Rs. 3,600 on Tuesday, when the rate for a tola of gold was recorded at Rs. 435,436.
Meanwhile, silver rates dropped by Rs. 27, bringing the price down to Rs. 6,207 per tola.
