Gold fell by $17 per ounce globally and Rs1,400 per tola in Pakistan, continuing its downward trend.
KARACHI: (UrduPoint/UrduPoint / Pakistan Point News-Oct,20, 2025) Gold prices declined further in both international and local markets on Monday.
In the international bullion market, the price of gold dropped by $17 per ounce, bringing the new global rate down to $4,235 per ounce.
Following the global trend, the price of 24-karat gold in Pakistan decreased by Rs1,400 per tola, settling at Rs444,900 per tola. Similarly, the price of 10 grams of gold fell by Rs1,200, reaching Rs381,430.
It is worth noting that on Saturday, gold prices had already recorded a sharp decline of $106 per ounce internationally, causing local prices to fall by Rs10,600 per tola to Rs446,300.
Just a day earlier, on Friday, gold had reached a record high, rising by $141 per ounce globally and Rs14,100 per tola locally, touching Rs456,900 per tola, the highest level in history.
