Gold prices in Pakistan saw a noticeable decline, bringing a slight sense of relief to consumers amid ongoing market volatility. According to the latest market figures, the price of 24-karat gold per tola has fallen by Rs. 3,000, setting the new rate at Rs. 356,000. Likewise, the cost of 10 grams of 24-karat gold dropped by Rs. 2,572, now priced at Rs. 305,212.
This downward shift in rates may benefit potential buyers and investors who had been holding back due to previously soaring prices. However, silver prices remained stable, with no recorded changes. The rate of silver per tola continues to be Rs. 4,014, while 10 grams are priced at Rs. 3,441, indicating steadiness in the silver market compared to gold.
Gold prices in Pakistan saw a noticeable decline, bringing a slight sense of relief to consumers amid ongoing market volatility. According to the latest market figures, the price of 24-karat gold per tola has fallen by Rs. 3,000, setting the new rate at Rs. 356,000. Likewise, the cost of 10 grams of 24-karat gold dropped by Rs. 2,572, now priced at Rs. 305,212.
This downward shift in rates may benefit potential buyers and investors who had been holding back due to previously soaring prices. However, silver prices remained stable, with no recorded changes. The rate of silver per tola continues to be Rs. 4,014, while 10 grams are priced at Rs. 3,441, indicating steadiness in the silver market compared to gold.
Meanwhile, global gold markets also reflected a similar trend. Internationally, the price of gold per ounce declined by $30, settling at $3,335. The global decline in gold prices is likely influencing the local market as well, contributing to the current dip.
Market experts suggest that the fluctuation is a result of varying investor sentiment and international economic indicators, which continue to impact the precious metals market both locally and abroad.
Meanwhile, global gold markets also reflected a similar trend. Internationally, the price of gold per ounce declined by $30, settling at $3,335. The global decline in gold prices is likely influencing the local market as well, contributing to the current dip.
Market experts suggest that the fluctuation is a result of varying investor sentiment and international economic indicators, which continue to impact the precious metals market both locally and abroad.
Read more: Gold Prices Rally in Local and International Markets
