Pakistan, June 10 -- Gold prices in Pakistan recorded a sharp decline on Wednesday, tracking losses in international markets. The price of gold fell by Rs12,627 per tola, bringing relief to buyers. The drop affects investors, jewellers, and consumers closely watching bullion market trends.

According to the All-Pakistan Gems and Jewellers Sarafa Association, gold settled at Rs442,436 per tola. Likewise, the price of 10 grams of gold dropped by Rs11,364 to Rs378,170. The decline followed significant weakness in global bullion prices during the trading session.

A day earlier, gold prices had moved higher in the domestic market. On Tuesday, the price of one tola increased by Rs2,830 to reach Rs455,063. However, Wednesday's sharp correction ...