Pakistan, July 4 -- Gold prices declined in Pakistan on Saturday, following a drop in international bullion markets, providing slight relief to local buyers after recent record-high rates.

According to the All Pakistan Gems and Jewellers Association (APGJA), the price of one tola of gold fell by Rs1,100, bringing the new rate to Rs439,836.

Similarly, the price of 10 grams of gold decreased by Rs943 to Rs377,088, reflecting the downward trend in the domestic precious metals market.

The reduction comes after international gold prices also softened. In the global bullion market, the price of gold dropped by $11 per ounce, settling at $4,174 per ounce. Local gold prices generally move in line with international market trends while also tak...