Gold prices in Pakistan declined sharply Tuesday, reflecting fresh weakness in international bullion markets and cooling investor demand after last week’s strong rally phase.
The per tola rate dropped by Rs3,200 to settle at Rs523,762, while the 10-gram price also slipped significantly, losing Rs2,743 to close at Rs449,041 in local trading.
Global bullion markets mirrored the downward trend as international gold prices fell by $32 per ounce, reaching $5,010 including premium, which pressured domestic rates nationwide.
Market analysts say the fall comes just days after a dramatic surge, when prices jumped Rs7,000 in one session and briefly sparked intense buying activity.
Weekly data shows volatility dominating the precious metals sector, with rates fluctuating between Rs519,462 and Rs529,162 during recent sessions, highlighting unstable investor sentiment.
Silver prices also declined, falling Rs55 to Rs8,164 per tola, reinforcing a broader downturn across metals markets and signaling continued short-term uncertainty for traders.
Also read: Gold and Silver Prices Today
