Gold prices declined for the second consecutive day in both international and local markets. In the international bullion market, the price of gold dropped by $9 per ounce, settling at $3,022.
In the domestic market, the price of 24-karat gold decreased by Rs. 800 per tola, reaching Rs. 318,000. Similarly, the price for 10 grams of gold dropped by Rs. 686, bringing it to Rs. 272,633.
While gold prices fell, silver prices remained stable at Rs. 3,475 per tola and Rs. 2,979 per 10 grams.
Read: Gold Prices Hit Record Highs as Global Demand and Inflation Drive Surge
International gold prices fell by $19 per ounce, while local markets saw a decline of Rs. 2,000 per tola, following a similar trend from the previous day.