The price of gold in Pakistan saw a decrease on Monday, with 24-karat gold being sold at Rs. 275,500 per tola, marking a Rs. 500 drop. This decline aligns with global trends, where spot gold traded near $2,655 an ounce, down $7.9 or 0.30% from the previous session. However, discrepancies in pricing have been noted, as some jewelers in Karachi said that gold is being traded at nearly Rs. 9,000 per tola higher than the official rates quoted by the Karachi Sarafa Association.

The Karachi Sarafa Association also reported a decrease in the price of 24-karat gold per 10-gram, now at Rs236,197, down by Rs428. Similarly, the price of 22-karat gold fell to Rs. 216,514 per 10-gram.

In contrast, silver prices remained stable in the domestic market. The price of 24-karat silver held steady at Rs. 3,050 per tola and Rs. 2,615 per 10-gram, showing no change from previous rates.