Gold rates in Pakistan decreased on Wednesday, in line with decline in the international rate. The yellow metal was priced at Rs218,100 per tola in the local market after a single-day fall of Rs1,300.

The 10-gram gold was sold at Rs186,986 after a decrease of Rs1,114, according to rates shared by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Tuesday, gold prices in Pakistan had decreased by Rs4,200 per tola.

With a premium of $20, the international rate of gold on Wednesday was set at $2,048 per ounce, after a decline of $9 in the international market, APGJSA said.

Meanwhile, silver rates remained stable at Rs2,600 per tola.