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Gold Price Remains Steady at Rs 4.62 Lakh Per Tola in Pakistan

Gold Price Remains Steady at Rs 4.62 Lakh Per Tola in Pakistan

Gold prices in Pakistan remained unchanged on Tuesday, providing stability after the previous session’s decline.

According to the All-Pakistan Gems and Jewellers Sarafa Association, the price stood at Rs 461,936 per tola.

The price of 10-gram Gold also remained unchanged at Rs 396,035.

The latest rates came after prices recorded a decline during Monday’s trading session.

Gold Price Remains Unchanged in PakistanThe local bullion market maintained stable prices on Tuesday.

One tola of gold was priced at Rs 461,936, showing no change from the previous closing rate. Similarly, the price of 10 grams remained steady at Rs 396,035.

This stability followed a notable decline recorded on Monday. During the previous session, the precious metal lost Rs 2,000 per tola.

Following that decline, the price settled at Rs 461,936 per tola. Tuesday’s unchanged rate means the market maintained Monday’s closing level.

International Gold Price Also Holds Steady

International Gold prices also remained stable during the latest session. The global price stood at $4,395 per ounce, according to the provided market data.

This international rate included a premium of $20 per ounce. Changes in international bullion prices can influence rates in Pakistan.

Currency movements and local market conditions can also affect domestic precious metal prices. However, the latest session showed no movement in either the reported local or international gold rates.

Silver Price Remains Unchanged

Silver prices also remained stable in Pakistan on Tuesday. The price of silver stood unchanged at Rs 7,029 per tola.

This means both major precious metals maintained their previous rates during the latest trading session. The stable silver price came alongside unchanged international and domestic gold rates.

Bullion Market Holds Previous Rates

The latest figures indicate a relatively stable session for Pakistan’s bullion market.

After Monday’s Rs 2,000 decline, Gold did not record another change on Tuesday. The price remained at Rs 461,936 per tola and Rs 396,035 for 10 grams.

Meanwhile, silver continued trading at Rs 7,029 per tola. Buyers and investors often monitor daily bullion rates because prices can change with international market movements.

In other news read more about: Gold Price in Pakistan Nears Rs462,000 After Fresh Surge

For Tuesday, however, the local precious metals market remained steady, with gold and silver holding their previous levels.

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