Local gold rates in Pakistan dropped on Thursday, as 24-karat gold went down by Rs. 3,000 per tola to reach Rs. 431,536 inside the domestic market.
Data shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) shows that 10-gram gold fell by Rs. 2,572 to settle at Rs. 369,972.
This downward movement came after international bullion values decreased by $30, bringing the rate down to $4,090 per ounce.
Domestic gold rates dropped by Rs. 900 on Wednesday, when the price of the precious metal rested at Rs. 434,536 per tola.
Additionally, silver rates decreased by Rs. 121, closing at Rs. 6,086 per tola.