Gold prices in Pakistan decreased by Rs1,000 on Wednesday due to a decrease in the international market.
According to the All-Pakistan Gems and Jewelers Sarafa Association, the price of gold in the local market decreased by Rs1,000 per tola, dropping to Rs282,200, while the price of 10 grams of gold fell by Rs857 to Rs241,941.
Gold prices also declined globally on Wednesday, according to the report of APGJSA.
However, the silver prices are still at the same level of Rs3,430 per tola.
Last month, gold reached a record high of Rs287,900 per tola in Pakistan.
On Wednesday, the investable gold held steady globally as investors continued observing the U.S. presidential elections heavily fought by both parties.
