Gold prices recorded a decline in both the global and local markets on Wednesday.
In the global bullion market, gold fell by $10 to reach $3,970 per ounce.
Local Market Rates
Due to the drop in international gold prices, the local price of per tola gold also decreased by PKR 1,000 to settle at PKR 419,362.
Similarly, the price of ten grams of gold fell by PKR 857 to PKR 359,535.
It is worth noting that on Tuesday, per tola gold had plummeted by PKR 3,500 to reach PKR 420,362.
Meanwhile, the price of per tola silver remained stable at PKR 5,022.
