Gold prices declined on the first business day of the week, following a downward trend in the international market.
According to data from the All Pakistan Gems and Jewellers Association, the price of gold dropped by Rs600 per tola, now priced at Rs272,600. Similarly, the 10-gram gold rate fell by Rs514, settling at Rs233,711 in the local market.
Read more: Gold Prices See Significant Rise in Pakistan
In the global market, gold saw a slight dip as the per-ounce price decreased by $6, reaching $2,614.
Meanwhile, the Pakistan Stock Exchange (PSX) experienced a robust bullish trend during Monday’s intraday trading. The KSE-100 index surged by 3,912 points, hitting an intraday high of 115,263.83 points, attributed to macroeconomic stability and government-friendly monetary policies.