KARACHI: Gold prices across Pakistan declined sharply on Thursday, with a drop of more than 9,700 rupees per tola, according to the All Pakistan Gems and Jewelers Association.
The price of one tola of gold fell by 9,720 rupees, bringing it down to 432,716 rupees. Similarly, the price of 10 grams of gold decreased by 8,748 rupees to 369,422 rupees.
In the international market, gold prices also weakened, falling by $97 per ounce to $4,102, market data showed.
Analysts attributed the decline to fluctuations in global bullion markets and changing investor sentiment.