Pakistan, Aug. 1 -- Gold prices declined by Rs3,700 per tola in Pakistan on Saturday following a decrease in international bullion rates. The drop affected local buyers and traders as prices moved lower across the market. The decline came after gold prices fell globally.

According to the All-Pakistan Gems and Jewellers Sarafa Association, gold prices dropped to Rs426,736 per tola in the local market. The price of 10 grams of gold decreased by Rs3,202 to Rs365,857. Meanwhile, international gold prices fell by $37 per ounce to $4,043.

Read more: Gold prices fall by over Rs3,700 per tola in Pakistan

Silver prices also recorded a decline in the domestic market. The price of silver decreased by Rs57 per tola to Rs6,237. Additionally, the pr...