Pakistan, Aug. 16 -- Gold prices in Pakistan fell sharply on Saturday following a similar drop in the international market. The price per tola decreased by Rs900 to reach Rs356,200. Meanwhile, the price of 10 grams of gold dropped by Rs771, selling at Rs305,384. This decline reflects the global trend, where gold lost $9 per ounce.

On Friday, the gold price per tola had also decreased by Rs1,000, settling at Rs357,100. The continuous drop shows the impact of global market fluctuations on local prices. The All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) shared these updated rates. They confirmed the falling trend in gold prices in Pakistan's markets.

In addition to gold, silver prices also declined on Saturday. The price per t...