Gold prices have dropped once again in Pakistan and across global markets. After a brief pause, the downward trend has continued both locally and internationally.
The All Pakistan Sarafa and Jewellers Association reported that the price of gold in Pakistan fell by Rs6,500 per tola, closing at Rs533,362. Meanwhile, 10 grams of gold decreased by Rs5,573, reaching PKR 457,271.
Silver also experienced a slight decline, with the per tola rate falling by Rs37 to PKR8,894. On the international front, gold lost USD 65 per ounce, dropping to USD 5,106.
This decline comes amid global market volatility, reflecting cautious investor sentiment.