According to the All Pakistan Sarafa Gems and Jewelers Association, the price for 10 grams of 24 karat gold decreased by Rs3,086, bringing it to Rs298,268 from Rs301,354. Meanwhile, the cost of 10 grams of 22 karat gold also saw a decline of Rs2,829, dropping to Rs273,422 from Rs276,251.

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Silver prices followed suit, with per tola silver decreasing by Rs60 to Rs3,448, and 10 grams of silver falling by Rs52 to Rs2,956.

On the international front, gold prices dipped by $36, now at $3,295, down from $3,331, while silver prices fell by $0.60 to $32.90 from $33.50, as reported by the Association.

This significant drop in gold and silver prices raises questions about market trends and investor sentiment. With gold s allure often tied to economic stability, what does this decline signal for future investments?