KARACHI: Gold price continued to decline further, reflecting downward trend in international market.

According to All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), price of gold per tola decreased by another Rs 500, bringing new rate to Rs 256,000 per tola. Similarly, price of 10-gram gold also saw dent of Rs 428, reaching Rs 219,479 per ten gram. Price of 10 grammes of 22-karat gold has reached Rs 201,189.  International gold market also experienced reduction on Tuesday, with price per ounce falling by $ 17 to $ 2,410 an ounce, as reported by APGJSA. Moreover, silver rates in local market also declined by Rs 50 to reach Rs 2,850 per tola, showing no change.  This record-setting trend underscores volatility and significant shifts in precious metals market, influenced by both domestic and global economic factors.