Gold prices in Pakistan fell on Saturday, tracking a decline in the international bullion market, according to data released by the All-Pakistan Gems and Jewellers Sarafa Association.

In the local market, the price of gold per tola dropped by Rs25,500 to settle at Rs511,862, reflecting continued downward pressure on prices.

Similarly, the rate for 10-gram gold decreased by Rs21,862, bringing it down to Rs438,839 during the trading session.

On Friday, gold prices had already recorded a sharp fall, with the per tola rate declining by Rs35,500 to close at Rs537,362.

Read More: Gold Prices Drop Sharply in Pakistan Markets

Internationally, gold prices also weakened, falling by $255 to reach $4,895 per ounce, with an additional premium of $20 applied.

Silver prices followed the same trend, dropping by Rs2,063 to settle at Rs9,006 per tola in the local market.

ce72b2c4 acf9 4a81 9f22 f3246d0b585c

Similar Posts