Gold Prices Fall in Pakistan After Global Decline
Gold prices in Pakistan declined on Thursday, following a downward trend in the international bullion market.
According to the All Pakistan Gems and Jewellers Sarafa Association, the price of gold per tola dropped by Rs 600, bringing the new rate to Rs 466,162 in the local market.
Latest Gold Rates in Pakistan
Alongside the per tola decrease, the price of 10 grams of gold also witnessed a decline.
The new rates stand as follows:
Gold per tola Rs 466,162
10 gram gold Rs 399,658
The 10 gram rate fell by Rs 515 compared to the previous trading session.
Read Also Here: Gold Prices in Pakistan Surge as Silver Hits Record
Gold Prices Declined a Day Earlier Too
The downward trend was already visible a day earlier when gold prices dropped by Rs 1,200.
On Wednesday, gold closed at Rs 466,762 per tola, reflecting continued pressure from global market movements.
International Gold Market Update
In the international market, gold prices slipped by $6 per ounce.
Gold is currently trading at $4,438 per ounce, including a $20 premium. Analysts attribute the decline to profit taking and fluctuating global economic indicators.
Silver Prices Also Drop in Pakistan
Silver prices in Pakistan also moved lower alongside gold.
The price of silver per tola fell by Rs 236, closing at Rs 8,125 in the domestic market.
Why Gold Prices Matter in Pakistan
Gold prices Pakistan remain a key indicator for investors, jewelers, and households.
Due to its role as a hedge against inflation and currency fluctuations, even small changes in global prices can quickly impact the local bullion market.
Official Source for Gold Rates
For daily verified gold and silver rates, visit the official association website:
https://apgjsa.com.pk
Frequently Asked Questions FAQs
Why did gold prices fall today in Pakistan?
Due to a decline in international gold prices.
How much did gold per tola drop?
Gold per tola dropped by Rs 600.
What is the current gold price per tola?
Rs 466,162 per tola.
Did silver prices also fall?
Yes, silver prices dropped by Rs 236 per tola.
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