The new price of gold per tola was recorded at Rs539,962, compared to Rs549,962 in the previous trading session.
Gold Rates in Pakistan
24-karat gold (per tola): Rs539,962 (down Rs10,000)
24-karat gold (10 grams): Rs462,930 (down Rs8,573)
22-karat gold (10 grams): Rs424,367 (down Rs7,859)
Silver Prices
Silver prices, however, moved in the opposite direction.
Silver (per tola): Rs9,004 (up Rs100)
Silver (10 grams): Rs7,719 (up Rs86)
International Market Trend
Globally, gold prices also declined as the international gold rate dropped by $100, falling to $5,172 from $5,272 per ounce.
Meanwhile, silver prices in the global market increased by $1, reaching $85.20 from $84.20.
Market analysts say fluctuations in global bullion markets and investor sentiment continue to influence gold prices in Pakistan.