Pakistan, May 4 -- Gold prices in Pakistan dropped sharply on Monday, tracking losses in global markets. The decline lowers costs for buyers but signals volatility for investors and traders. Jewellers, consumers, and investors across the country are directly affected by the price shift.

Gold prices in the local market fell by Rs3,800 per tola, reaching Rs479,962, according to official rates. Similarly, the price of 10 grams of gold declined by Rs3,257 to settle at Rs411,490. The decrease reflects a broader downward trend influenced by international market movements.

Read more: Gold rate falls by Rs200 per tola in Pakistan

Meanwhile, the global gold rate dropped by $38 per ounce, settling at $4,576 with a $20 premium. Analysts link the ...