Due to a decline in the global market, a significant decrease was seen in gold prices in the local bullion market on Wednesday, causing the prices of all types of gold to fall.
According to the latest data, the value of 24-karat per tola gold decreased by Rs 1,200, after which the new price became Rs 466,762.
Similarly, the price of 24-karat 10-gram gold decreased by Rs 1,028, bringing its new price to Rs 400,173.
The price of 22-karat 10-gram gold also decreased by Rs 942, and its new market value became Rs 366,838.
This decrease in the local market was due to a decline in the global market, where the international price of gold fell by $12 to $4,444.
In contrast to the volatile gold market, silver prices remained completely stable, and the price of 24-karat per tola silver remained at Rs 8,361.
Similarly, the price of 24-karat 10-gram silver remained unchanged at Rs 7,168, while the international price of silver also remained stable at $78.86.