Gold prices in Pakistan remained unchanged on Tuesday after gaining Rs1,200 per tola in the previous session. The local market stayed stable despite recent movements in international gold prices.
Gold Price Remains Stable
According to the latest rates released by the All-Pakistan Gems and Jewellers Sarafa Association, the price of 24-karat gold remained at Rs437,536 per tola.
The price of 10-gram gold also remained unchanged at Rs375,116. The stability comes after gold recorded a notable increase on Monday.
On Monday, the price of gold had risen by Rs1,200 per tola, taking it to Rs437,536. Tuesday’s unchanged rate means buyers and sellers saw no further movement in the local gold market.
International Gold Price
In the international market, gold remained stable at around $4,150 per ounce. Global prices have experienced fluctuations in recent sessions as investors continue to monitor economic and market developments.
Changes in international gold prices often influence local rates in Pakistan. However, the domestic market remained steady on Tuesday.
Silver Price Also Unchanged
Silver prices also remained stable. The price of silver stood at Rs6,588 per tola, with no change reported from the previous rate.
Gold and silver prices are closely followed in Pakistan by investors, jewellery buyers and traders. Daily changes in international bullion prices, currency movements and local market conditions can affect domestic rates.
For buyers, the unchanged gold price provides some stability after the recent rise. Market participants will continue to watch international prices for signs of further movement in the coming sessions.
