Gold prices decreased in Pakistan on Monday in line with the decline in the international rate. In the local market, gold price per tola hit Rs242,300 after a single-day fall of Rs1,200.

The 10-gram gold was sold at Rs207,733 after a decrease of Rs943, according to rates shared by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).

As per APGJSA, the international rate was set at $2,349 per ounce (with a premium of $20) after a decrease of $10 during the day.

Meanwhile, silver rates stood stable at Rs2,650 per tola.

Last month, gold hit an all-time high of Rs252,200 per tola in the local market.

On Saturday, gold in Pakistan had decreased Rs300 per tola.