Gold prices have seen a massive decline in Pakistan as it is being traded at Rs283,100 per tola.
According to the All Sindh Sarafa Jewellers Association, the precious metal saw a decline of Rs2,300 per tola.
Similarly, the price for gold per 10 grams has seen a reduction of Rs1,971, now standing at Rs242,713.
In the global market, spot gold traded near $2,735 an ounce, up $13.6 or 0.50% from the previous session.
On the other hand, silver prices remained unchanged in the domestic market after surging yesterday. 24-karat silver was being sold at Rs3,350 per tola. It jumped RS200 per tola on Wednesday.