Pakistan, July 23 -- Gold prices in Pakistan fell by Rs1,800 per tola on Thursday following a decline in international markets. The decrease brought the local gold price to Rs432,036 per tola, according to the All Pakistan Sarafa Gems and Jewellers Association.

The association said the price of 10 grams of gold dropped by Rs1,543. After the reduction, the price of 10 grams stood at Rs370,401 in the local market.

Read more: Gold price jumps again, reaches Rs429,236 per tola

Meanwhile, international gold prices also declined during trading. Global gold rates decreased by $18 to $4,096 per ounce, influencing prices in Pakistan.

According to market analysts, local gold rates are affected by international prices, currency movements and dom...