Pakistan, April 13 -- Gold prices fell in both local and international markets, reflecting a broader decline in precious metals. The downward trend was observed amid weaker global demand and market fluctuations. Investors saw a slight correction in bullion rates during trading. The decline affected both gold and silver prices.

According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola dropped by Rs1,600. It settled at Rs495,362 in the domestic market. The price of 10 grams of gold also decreased by Rs1,371. It closed at Rs424,693, showing a consistent downward trend.

Read more: Gold prices drop sharply across Pakistan

In the international market, gold prices fell by $16 per ounce. The rate ...