Following a rally of multiple hikes, Gold prices in Pakistan saw a slight decrease on Tuesday with a Rs700 drop per tola, according to the All Pakistan Gems and Jewellers Association

After the decrease, the new price of gold per tola stands at Rs359,000, while the price of 10 grams of gold dropped by Rs600, now standing at Rs307,784.

Silver prices also witnessed a downward trend. The price per tola of silver decreased by Rs 73, now standing at Rs4,014.

Globally, gold and silver prices also fell, with the former by $7 per ounce, settling at $3,365 per ounce and the latter by $0.73, reaching $38.30 per ounce.