Gold prices in Pakistan remained largely stable on Friday, with the price of 24-karat gold standing at Rs463,000 per tola in local bullion markets. The latest rates indicate that the precious metal continues to trade near historically high levels despite fluctuations in international markets.
According to market data, the price of 24-karat gold was recorded at Rs463,000 per tola, while 22-karat gold was available at approximately Rs424,500 per tola. The price of 10 grams of 24-karat gold stood at around Rs396,948.
Gold prices in Pakistan are heavily influenced by movements in the international bullion market, currency exchange rates, and local demand. Traders say investors continue to monitor global economic developments, inflation trends, and geopolitical tensions that could affect precious metal prices.
In international markets, gold prices experienced some volatility this week. Analysts noted that concerns over potential interest rate changes and developments in the Middle East have contributed to fluctuations in investor sentiment. Spot gold prices were trading lower on Friday and were on track for a weekly decline.
Despite short-term price swings, gold remains a preferred safe-haven asset for many investors seeking protection against economic uncertainty and inflation. Market experts believe future price movements will largely depend on global monetary policy decisions and geopolitical developments.
Jewellery buyers and investors are advised to stay updated on daily market rates before making purchases, as gold prices can change rapidly in response to international market conditions. Traders expect continued volatility in the coming weeks as investors react to global economic data and policy signals
