KARACHI (Dunya News) – Gold prices declined in both international and domestic markets on Monday following a drop in global bullion rates, leading to lower prices in Pakistan's local bullion market.
In the international bullion market, the price of gold fell by $24 per ounce to $4,150. As a result, the price of gold in Pakistan's local bullion market dropped by Rs2,400 per tola to Rs437,436.
Similarly, the price of 10 grams of gold in the local market declined by Rs2,058, settling at Rs375,030.
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Meanwhile, silver prices also registered a decline. The international price of silver fell by 37 cents per ounce to $62, prompting a reduction in domestic rates.
In the local bullion market, the price of silver decreased by Rs37 per tola to Rs6,679, while the price of 10 grams of silver fell by Rs31 to Rs5,726.