Pakistan, Feb. 6 -- Gold prices in Pakistan fell sharply on Friday, following a decline in international markets. The price per tola dropped by Rs21,400 to Rs507,762. Ten-gram gold was sold at Rs435,324 after a decrease of Rs18,347, according to APGJSA.

On Wednesday, gold prices had risen by Rs14,800 per tola to Rs529,162. Analysts say global market trends and investor sentiment continue to influence local gold rates. The international gold rate fell by $214 to $4,850 per ounce, with a $20 premium.

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The fall affected both domestic and export-oriented markets. Jewelers reported slower sales as buyers hesitated amid fluctuating prices. Traders expect further adjustments depen...