The price for 10 grams of gold also dropped, selling at Rs224,194 after a decline of Rs1,714, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Friday, gold prices had risen by Rs1,400, closing at Rs263,500.

Concurrently, international gold prices fell, with the rate reported at $2,497 per ounce (plus a $20 premium), down by $21 for the day.

Silver prices also saw a reduction, dropping Rs50 to settle at Rs2,850 per tola. Notably, last month, gold prices reached a record high of Rs263,700 per tola in Pakistan.

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