Gold prices in Pakistan fell on Friday following a decline in the international market. The price per tola dropped by Rs1,000 to Rs467,262. Similarly, 10-gram gold declined by Rs858 to Rs400,601, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On Thursday, gold prices had already fallen sharply, losing Rs11,000 per tola in a single day. The continued downward trend reflects weakening demand and international price pressures. Analysts say global market fluctuations are driving local rates.
Read more: Gold prices plunge by Rs 11,000 per tola
Internationally, gold prices fell by $10, reaching $4,445 per ounce, with an additional premium of $20. This global decline influenced trading and rates in Pakistan. Market watchers continue to monitor gold as economic uncertainties affect investor sentiment.
Silver prices also moved lower, with the metal dropping Rs30 per tola to Rs7,454. Both gold and silver trends are being closely followed by jewelers and investors. The metals market remains volatile amid global economic shifts and investor caution.
Read more: Gold prices fell sharply in Pakistan amid global market volatility
Experts suggest that short-term fluctuations may continue, and buyers are advised to track daily rates before making purchases. Seasonal demand and international factors could further influence local gold and silver prices.