KARACHI: After hitting record highs in global and local markets, gold prices in Pakistan have sharply declined.
The price of gold per tola has decreased by Rs 13,900 to Rs 549,962, while 10 grams of gold has decreased by Rs 11,917 to Rs 471,503.
While in the global market, gold has decreased by $ 139 to $ 5,272 per ounce.
According to market sources, the drop comes after a strong upward trend that had pushed gold to historic levels in recent days.
Traders say the fall follows fluctuations in the international bullion market, which directly impact local prices.
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