Gold prices have seen a significant decline in both the global and local markets.

According to the All Pakistan Sarafa Association, the price of gold per tola in the country has decreased by Rs 6,800, bringing it down to Rs 470,362.

Similarly, the price of 10 grams of gold has dropped by Rs 5,830, after which the new rate stands at Rs 403,259.

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In the global market as well, gold prices have fallen, with per ounce gold becoming cheaper by $68, reaching $4,480.