Gold prices in Pakistan fell on Saturday following losses in the international market. The price per tola dropped by Rs1,600 to Rs422,562. Similarly, 10-gram gold fell by Rs1,372 to Rs362,278, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On Friday, gold prices had risen by Rs5,300 per tola, reaching Rs424,162. The recent decline reversed part of this gain. Market analysts said international trends and global investor sentiment influenced local prices.
Read more: Gold price surges Rs3,500 in Pakistan
The international gold rate also fell today. APGJSA reported the price at $4,002 per ounce with a $20 premium. This reflected a decrease of $16 during the day.
Silver prices in Pakistan also saw a decrease. The rate dropped by Rs65 per tola, closing at Rs5,127. Traders said the decline followed international silver price trends.
Read more: Gold prices fall by Rs 3,300 a tola
Analysts suggest that market volatility may continue in the coming days. Investors are advised to monitor global prices closely before making purchases.