Gold prices declined in Pakistan following a slump in the international market on Friday, according to rates shared by the All Pakistan Gems and Jewellers Sarafa Association.

The gold price per tola clocked in at Rs 245,000 with a loss of Rs600 as reported by Business Recorder.

The 10-gram gold fell by Rs514 as it was retailing at Rs 210,048.

The global price of gold decreased on Friday as the association notified the gold rate that was set at $2,384 per ounce, including a premium of $20, declining $6 in the gold price over the day.

The cost of silver rates is Rs 2,730 per tola.

On May 14, the price of gold reached Rs 241,100 per tola.

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Gold rises by thousands of rupees per tola in Pakistan

Gold rates remain constant at Rs239,200 per tola

Gold prices declines in local and international market