The Gold Price in Pakistan declined by Rs800 per tola on Tuesday. The latest drop followed another decline in international bullion rates.
The price of 24-karat gold fell to Rs465,336 per tola. The previous rate was Rs466,136 per tola.
The price of 10 grams also decreased during the latest trading session. It dropped by Rs686 to reach Rs398,950.
The Gold Price movement in Pakistan remained closely linked to international market trends. Global bullion prices also recorded a modest decline.
According to market data, international gold fell by $8 per ounce. The global rate reached $4,428 per ounce.
The decline in international bullion prices influenced domestic rates. Local dealers adjusted prices in line with global developments.
Gold Rates in Pakistan
| Item | Latest Price |
|---|---|
| 24K Gold per tola | Rs465,336 |
| Gold 10 grams | Rs398,950 |
| Silver per tola | Rs7,129 |
| International gold | $4,428 |
Silver also recorded a decline in the local market. Its price dropped by Rs50 per tola.
Following the decrease, silver was priced at Rs7,129 per tola. The movement came alongside the broader weakness in precious metals.
Lahore Gold Market Rates
Gold prices also varied across different categories in Lahore. The latest reported rates were as follows:
- Lahore Piece: Rs456,000 / Rs455,000
- Pathoor: Rs450,000 / Rs448,000
- 22-karat gold: Rs418,000
- 21-karat gold: Rs399,000
- Tezabi selling rate: Rs6,950
- KG Bar selling rate: Rs7,000
The latest Gold Price decline extends the recent downward movement in Pakistan. Gold had already faced pressure during previous trading sessions.
The domestic bullion market remains sensitive to changes in international prices. Global movements can quickly influence rates across Pakistan.
Currency movements and local market conditions can also affect domestic bullion prices. Traders therefore continue monitoring international developments closely.
The latest decline comes after gold prices dropped sharply during the previous week. Market participants are watching whether international prices will continue falling.
A sustained decline in global bullion prices could place further pressure on local rates. However, future prices will depend on broader market conditions.
For consumers and investors, the latest rates provide a snapshot of current bullion prices. Buyers are expected to monitor further movements before making major purchases.
The Gold Price remains an important market indicator for Pakistani consumers. It also remains closely watched by investors and traders.
Tuesday’s decline shows how quickly international bullion movements can affect Pakistan’s local market. Further changes will depend on global gold prices and domestic market factors.
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