Gold prices in Pakistan declined on Thursday, tracking a drop in international bullion rates.

The price of 24-karat gold fell by Rs. 600 to Rs. 462,336 per tola, according to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The price of 10-gram gold also decreased by Rs. 515 to Rs. 396,378.

Gold had gained Rs. 800 on Wednesday, closing at Rs. 462,936 per tola.

In the international market, gold declined by $6 to settle at $4,398 per ounce, including a $20 premium.

Silver prices also moved lower, falling Rs. 17 to Rs. 7,124 per tola.