The local price of gold saw a substantial decrease today, with a significant drop of Rs 10,000 in the per tola rate.
Following this sharp decline, the new price for one tola of the precious metal has been set at Rs 539,962.
Similarly, the price of ten grams of gold also experienced a considerable reduction of Rs 8,573, settling at a new rate of Rs 462,930.
This trend in the local market reflects the downturn in the international bullion market, where the price of gold closed at $5,172 per ounce after a decrease of $100.
In contrast to the yellow metal, silver prices in the country registered a slight increase.
The per tola price of silver increased by Rs 100, bringing its latest market price to Rs 9,004.