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Gold Prices in Pakistan Drop by Rs1,800 Amid Global Market Decline

Gold Prices in Pakistan Drop by Rs1,800 Amid Global Market Decline

Gold prices in Pakistan saw another decline on May 10, mirroring a downturn in global bullion markets. The price of gold fell by Rs1,800 per tola, settling at Rs350,900, while the rate for 10 grams dropped by Rs1,543 to Rs300,840.

This drop comes after a sharp surge earlier in the week, when prices spiked by Rs6,100 per tola on Wednesday, pushing the rate to Rs356,100 due to increased demand for the precious metal.

Read more: Gold Prices Surge Again in Pakistan Amid Global Market Gains

Globally, gold prices dipped to $3,325 per ounce, down $18 from the previous session, including a $20 premium.

Meanwhile, silver rates in Pakistan remained stable, with the per tola price unchanged at Rs3,482.

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