Global Drop Pulls Gold and Silver Prices Down in Pakistan
Gold and silver prices slipped on Tuesday in both international and domestic markets, breaking a streak of record highs.
In Pakistan, the price of 24-carat gold per tola declined by Rs2,400, now trading at Rs388,600. The rate for 10 grams also fell by Rs2,058, reaching Rs333,161.
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Silver prices moved in the same direction, with a decline of Rs109 per tola, closing at Rs4,387.
The international bullion market also faced pressure, where gold dropped by $24 per ounce to $3,668. Traders said that local rates closely followed this correction in global prices.