Gold prices in Pakistan experienced another decline on Friday, following trends in the global market.
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold per tola fell by Rs800, settling at Rs282,300. Meanwhile, the cost of 10-gram gold decreased by Rs686, bringing it to Rs242,027.
Read more: Gold Prices Significantly Decreased in Pakistan Following Global Decline
This recent drop comes after a significant decline on Thursday, when gold prices dropped by Rs2,300 to close at Rs283,100 per tola. Earlier in the week, on Wednesday, prices reached an all-time high of Rs285,400 per tola due to heightened demand driven by economic and geopolitical uncertainties.
In the international market, gold prices fell by $8 on Friday to $2,726 per ounce, plus an additional premium of $20.
In contrast, silver prices remained unchanged at Rs3,350 per tola in the local market, showing no impact from the fluctuations in gold prices.
