Karachi (Web Desk): Gold prices saw a modest drop in the domestic market on Tuesday, according to the All Pakistan Sarafa Gems and Jewelers Association.
The cost of 24 karat gold per tola declined by Rs500, settling at Rs358,300 compared to Rs358,800 recorded a day earlier.
Similarly, the rate for 10 grams of 24 karat gold fell by Rs429, now priced at Rs307,184, down from its previous level of Rs307,613.
In line with this trend, the price for 10 grams of 22 karat gold also dipped, slipping by Rs393 to reach Rs281,595, whereas it was Rs281,988 the day before.
Despite the movement in gold, silver rates remained stable. The per tola price for silver stayed unchanged at Rs4,013, and the rate for 10 grams held firm at Rs3,440.
On the global front, the international gold market also witnessed a slight downturn. Gold prices dropped by $5, moving from $3,361 to $3,356. Meanwhile, silver prices in the international market remained constant at $37.80.