Gold price reduces by Rs700 to Rs362,300 per tola in Pakistan

Lahore (Web Desk): The gold prices saw a decline on Monday in both local and international markets.

According to the local Sarafa Association, the price of gold per tola dropped by Rs700, bringing it down to Rs362,300. Similarly, the rate for ten grams of gold decreased by Rs600, settling at Rs310,613.

On the other hand, the price of silver remained unchanged, with one tola holding steady at Rs3,787. 
In the international market, gold prices also recorded a decline, falling by $18 to reach $3,414 per ounce.

This simultaneous dip in prices reflects a downward trend in the value of the precious metal globally and locally.