The gold price in Pakistan fell slightly on Saturday after remaining stable the previous day.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola dropped by Rs600 to Rs481,862.
Similarly, the cost of 10 grams of 24-karat gold decreased by Rs515, settling at Rs413,118.
The price of 10 grams of 22-karat gold also declined by Rs472, now selling at Rs378,705.
Experts say the local gold price movement reflects trends in the international bullion market.
Global gold prices dropped by $6 per ounce, reaching $4,595, influencing the domestic rates.
Silver prices in Pakistan mirrored the trend in gold.
The price of 24-karat silver per tola fell by Rs43 to Rs9,482.
Meanwhile, 10 grams of silver decreased by Rs37, selling at Rs8,129.
Analysts note that small fluctuations in the gold price are common and often driven by international demand, currency rates, and investor sentiment.
They advise buyers and investors to monitor both local and global trends before making decisions.
The minor dip in gold comes amid a generally stable market, offering opportunities for cautious investors.
Jewellers said the demand for gold remains steady, especially for 24-karat ornaments.
Financial experts highlighted that gold continues to serve as a safe-haven investment, particularly during uncertain economic periods.
The stability in international markets, combined with minor local fluctuations, keeps gold an attractive asset for long-term investors.
Investors are advised to watch global price trends closely, as shifts in the US dollar and international bullion rates can impact Pakistan’s gold price.
In other news read more about Gold Prices Fall By Rs3,700 Per Tola, Ending Recent Rally
Despite the recent decline, gold remains a preferred choice for savings and investment among Pakistanis.
