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Gold prices fell in the domestic bullion markets, dropping by Rs700 per tola and Rs600 per 10 grams on Saturday, according to market data.
As per the All Pakistan Bullion Gems and Jewellers Association, the price of gold per tola declined to Rs496,962 after the decrease.
Similarly, the price of 10 grams of gold fell to Rs426,064 following a reduction of Rs600.
In the global market, gold prices also edged down by $7 per ounce to $4,746.
Meanwhile, silver prices moved in the opposite direction in the local market, rising by Rs50 per tola to reach Rs8,064.