Gold prices in Pakistan decrease on Wednesday, reversing gains from the previous sessions.

Moreover, the price of gold per tola fell by Rs300 to Rs267,700, reflecting a decrease in international gold rates.

The price for 10 grams of gold also dropped, settling at Rs229,510 after a reduction of Rs257, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

Read More: Pakistan’s exports rise by 14.42 per cent in current FY

In addition, this decline follows a rise of Rs1,700 on Monday, which saw gold prices reach a record high of Rs268,000 per tola.

Internationally, gold prices also fell on Wednesday, with the rate at $2,569 per ounce, down by $18, including a $20 premium.

Furthermore, silver prices held steady at Rs2,950 per tola.

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