Pakistan, May 29 -- Gold prices in Pakistan recorded a slight decline on Friday as both local and international precious metal markets witnessed downward movement amid changing global trading trends. The reduction in prices provided modest relief for buyers and investors, while market analysts continued monitoring international economic conditions influencing bullion rates and investor sentiment worldwide.

According to the All Pakistan Sarafa Association, the price of 24-karat gold per tola decreased by Rs500, bringing the new rate down to Rs474,862 in local markets. Similarly, the price of 10 grams of gold also fell by Rs429, reaching Rs407,117 after the latest adjustment linked to changes in international gold prices.

Meanwhile, inter...