The 10-gram gold decreased by Rs1,115 and sold at Rs237,911, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

Internationally, gold prices dipped by $13 to $2,670 per ounce (with a $20 premium) on Monday. In contrast, silver prices remained steady at Rs3,300 per tola.

Last month, gold reached an all-time high of Rs287,900 per tola in Pakistan, driven by Middle East conflicts and US election uncertainty, which boosted demand for safe-haven assets. Globally, gold prices remained stable in early Asian trade, awaiting Federal Reserve officials  comments and economic data to gauge the US interest rate outlook.