KARACHI: Gold prices in Pakistan declined on Monday by Rs.5300 per tola to Rs. 488,362.
According to All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola fell by Rs5,300 to Rs488,362, compared to Rs493,662 in the previous session.
Likewise, the price of 10 grams of 24-karat gold declined by Rs4,544 to Rs418,691 from Rs423,235.
In the international market, gold prices also dropped by $53 per ounce to settle at $4,660, compared to the previous rate of $4,713.
Meanwhile, silver prices remained unchanged at Rs8,513 per tola.
Market analysts attributed the volatility in bullion prices to shifting global geopolitical developments, particularly tensions and diplomatic signals involving the United States and Iran, along with broader economic uncertainty
