Gold prices in Pakistan declined again on Monday, tracking a drop in international bullion markets.

According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola fell by Rs1,800 to settle at Rs522,762. The latest decline has brought the price closer to Rs500,000 per tola compared with levels near Rs550,000 recorded last week.

Similarly, the price of 10 grams of gold dropped by Rs1,543 to Rs448,184.

In the previous session on Saturday, gold had already fallen sharply, with the per tola rate declining by Rs8,700 to close at Rs524,562.

Global gold prices also moved lower, decreasing by $18 to $5,000 per ounce, including a premium of $20.

Meanwhile, silver prices in the domestic market also weakened, with the per tola rate falling by Rs100 to Rs8,441.