In the local market, gold price per tola reached Rs306,300 after it shed Rs2,400 on Wednesday.

Similarly, 10-gram gold was sold at Rs262,602 after it registered a decrease of Rs2,058, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Tuesday, the gold price per tola decreased by Rs800.

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The international rate of gold decreased on Wednesday. As per APGJSA, the rate was at $2,916 per ounce (with a premium of $20), a decrease of $24 during the day.

Meanwhile, silver price decreased by Rs36 to settle at Rs3,314 per tola.