Price of silver also decreased by Rs463 to reach Rs7,267 per tola.
Gold prices in Pakistan dropped significantly on Saturday, following a decline in the international market.
According to the All Pakistan Gems and Jewelers Association, the price of gold per tola fell by Rs12,489, bringing it down to Rs455,327.
Similarly, the price of 10 grams of gold decreased by Rs11,240 and was recorded at Rs389,772.
In the international market, gold prices declined by $124 per ounce, reaching $4,328, including a premium of $20.
Meanwhile, price of silver also decreased by Rs463 to reach Rs7,267 per tola.
