KARACHI: Gold prices witnessed a significant decline in the domestic market on Friday, dropping by Rs6,500 per tola, according to the All Pakistan Sarafa Gems and Jewellers Association.
Following the latest reduction, the price of 24-karat gold settled at Rs429,136 per tola.
Similarly, the rate of 10 grams of gold decreased by Rs5,573 to reach Rs367,914.
The sharp decline came after gold prices had surged by Rs23,500 per tola over the preceding two days.
Gold rates in Pakistan fluctuate in line with international bullion prices and prevailing domestic market conditions.
