According to the All Pakistan Gems and Jewellers Association, in the local market, the price of 24-karat gold per tola has decreased by Rs3,300, reaching Rs303,000 per tola. Additionally, the price of 10 grams of gold has dropped by Rs2,829, now costing Rs259,773.

It is also worth noting that gold prices have decreased in the global market, where the price of gold per ounce has fallen by 29 dollars, now standing at 2,887 dollars.

Yesterday, a drop of Rs2,400 in gold prices was recorded in the local market, indicating that the global decrease in gold prices is also impacting the Pakistani market.

On the other hand, citizens are saying that this drop in gold prices has provided a good opportunity to buy gold, and they expect a boost in the gold business as well.

Experts believe that gold prices in the global market could decrease further, which may also affect the local market in Pakistan.

After this ongoing decrease, gold buyers are feeling happy.