Gold prices continued their downward trend for the second consecutive day across Pakistan, following the announcement of a ceasefire between Iran and Israel, which has eased global geopolitical tensions and impacted precious metal markets.

According to market data, the price of 24-carat gold per tola fell by Rs3,800, bringing it down to Rs354,365.

Similarly, the price of 10 grams of 24-carat gold dropped by Rs3,258, settling at Rs303,810.

For 22-carat gold, 10 grams now cost Rs278,502, after a decrease of Rs2,987.

A decline was also recorded in silver prices, with per tola silver dropping by Rs9 to reach Rs3,790, and 10 grams silver losing Rs8, now priced at Rs3,249.

Meanwhile, the international gold market also experienced a notable dip, as the price per ounce of gold fell by $39, bringing it to $3,327.

This follows a similar trend observed yesterday, June 23, when the price of per tola 24-carat gold in Pakistan dropped by Rs300 to Rs358,165.