Gold prices in Pakistan declined on Monday, tracking losses in the international bullion market.

According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold fell by Rs. 2,400 per tola to Rs. 437,436.

The price of 10 grams of gold also dropped by Rs. 2,058, settling at Rs. 375,030.

In the previous trading session on Saturday, gold prices had already fallen by Rs. 1,100 per tola to close at Rs. 439,836.

In the global market, gold prices declined by $24 to $4,150 per ounce, including a premium of $20.

Silver prices also moved lower, with the price per tola declining by Rs. 37 to Rs. 6,679.