The Gold Price in Pakistan remained unchanged in the latest trading session. Bullion markets stayed stable as no major movement was recorded locally. According to market data, the price of gold per tola remained at Rs475,362.
The rate for 10 grams of gold also showed no change. It settled at Rs407,546, reflecting a calmer trend in the local precious metals market. Traders say the market has stabilized after sharp fluctuations earlier in the week.
Meanwhile, the international Gold Price showed an upward trend. In global bullion markets, gold traded at $4,530 per ounce, including a premium of $20. Analysts believe global uncertainty continues to influence investor demand for safe-haven assets.
Silver prices also remained active in Pakistan’s market. The price of silver per tola reached Rs8,034. Market observers noted that silver followed a similar trend to gold during recent sessions.
Updated rates for different gold categories were also released. The price of 21-karat gold per tola stood at Rs406,525. For 22-karat gold, the rate remained Rs425,880 per tola. Meanwhile, 18-karat gold was priced at Rs348,450 per tola.
Per gram rates also stayed steady across categories. One gram of 21-karat gold was recorded at Rs34,854. Ten grams of the same category stood at Rs348,539.
The Gold Price has experienced major volatility over the past week. On May 8, gold reached Rs494,062 per tola. It later dropped gradually over the following days. On May 15, the rate was recorded at Rs476,862 per tola.
Analysts say the decline reflects changes in global economic conditions. Currency fluctuations and investor sentiment have also affected bullion markets worldwide. The strength of the US Dollar remains an important factor for gold prices internationally.
Experts believe precious metals could remain volatile in coming days. Traders are closely monitoring economic indicators and geopolitical developments. Any major global event may influence demand for gold and silver again.
Despite the international rise, the local Gold Price remained stable during the latest session. Dealers say buyers are watching the market carefully before making large purchases. Investors are also waiting for clearer signals from global markets before taking positions.
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