The gold price in Pakistan remained steady on Friday, showing no change compared to the previous day. Market figures confirmed stability across all categories.
According to dealers, the rate of 24-karat gold per tola stood at Rs407,778. Similarly, the cost of 10 grams of 24K gold stayed unchanged at Rs349,603. In the 22-karat category, 10 grams were recorded at Rs320,481, also reflecting no movement.
On the international front, the gold price was stable as well. The global rate held firm at $3,865 per ounce, showing no increase or decline. Analysts noted that this calm trend was mirrored in local markets.
Silver also followed the same pattern. The price of 24K silver per tola stood at Rs4,839, while 10 grams remained at Rs4,148. Both figures remained unchanged from the previous session.
Experts believe that the steady gold price is linked to the unchanged global market outlook. Investors are waiting for signals from global economic data, currency fluctuations, and demand levels before making big moves.
Market observers also highlight that upcoming festivals and wedding season in Pakistan could influence local demand. However, for now, buyers and traders are seeing stability in both gold and silver prices.
Analysts suggest that the gold price in Pakistan may continue to move in line with international markets. Any change in the global economy, inflation indicators, or currency exchange rates could impact the future trend.
For now, the situation offers predictability for both investors and consumers. The steady gold price provides short-term relief for buyers and allows traders to plan ahead with more certainty.
In other related news also read Gold Hits Record High in Pakistan – Latest Price Update
