Gold prices have recorded another notable decline across Pakistan, providing some relief for people planning to buy gold.

According to the All Pakistan Sarafa Gems and Jewellers Association, the price of one tola of gold has fallen by Rs5,200, bringing the new rate to Rs419,636.

Similarly, the price of 10 grams of gold has decreased by Rs4,458, with the new price set at Rs359,770.

The association said the decline in international gold prices has also affected Pakistan's local market, leading to lower domestic gold rates.

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Traders believe the recent price drop is likely to increase buying interest, as many customers had postponed purchases over the past few weeks due to record-high gold prices.

Experts say gold prices continue to fluctuate due to factors such as the value of the US dollar, decisions by central banks around the world, changes in interest rates, and overall investor sentiment.

As a result, even small movements in the international market are quickly reflected in Pakistan's local gold prices.