ISLAMABAD: Gold prices again declined significantly in both domestic and international markets, but the price is still close to all record highs.
On Friday, the rate of one tola of gold fell by Rs2,300 to Rs356,700, whereas the 10-gram price also experienced a significant decline of Rs1,972 and is now valued at Rs. Rs305,812.
In the international market, gold prices fell by $23 an ounce to $3,340 per ounce. Silver also went through a similar movement, as one tola lost Rs. 34 in terms of value, closing at Rs. 4,023.
| Gold Quantity | New Price | Price Change |
| 1 Tola | Rs. 356,700 | -Rs. 2,300 |
| 10 Grams | Rs. 305,812 | -Rs. 1,972 |
Market observers blame the fall on changing international demand and risk-averse investor sentiment in the face of ongoing economic uncertainty.
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