Pakistan, July 17 -- Gold prices recorded another sharp decline in Pakistan on Friday, following a fall in international markets. The drop affected gold and silver rates for consumers and investors.

According to the All Pakistan Sarafa Gems and Jewellers Association (APGJSA), the price of 24-carat gold decreased by Rs3,600 per tola. The new price reached Rs421,836 per tola.

The association said the price of 10 grams of gold also declined by Rs3,086. The rate dropped to Rs361,656 after the latest adjustment in the domestic market.

Read more: Gold prices rise by Rs 400 per tola

Meanwhile, gold prices also decreased in the international market. The global price of gold fell by $36 per ounce, reaching $3,994 per ounce during trading.

The...