Gold prices registered a significant decline in both local and international markets on Wednesday.

According to data shared by the jewellers association, the price of gold per tola dropped by Rs8,600 in Pakistan to settle at Rs467,762,

Similarly, the price of 10 grams of gold decreased by Rs7,373 to Rs401,030.

In the international market, gold prices also registered a notable decline, falling by $86 per ounce to $4,454 per ounce.