Pakistan, May 15 -- Gold prices fell sharply in Pakistan on Friday following a decline in international markets. The per tola price dropped by Rs15,500, bringing it down to Rs476,862. The decline reflects a broader correction in global bullion rates amid shifting investor sentiment.

According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 10-gram gold also fell by Rs13,289 to Rs408,832. The local market moved in line with international trends after recent volatility in gold trading. Dealers said the drop followed easing demand and profit-taking by investors.

Read more: Gold prices increase by Rs 4,100 per tola

In global markets, gold prices declined by $155 per ounce to reach $4,545. Analysts linked th...