Gold Rates in Pakistan declined on Tuesday, with prices falling in both the local and international markets. The latest figures show a decrease in the price of gold per tola and per 10 grams, reflecting continued weakness in global bullion prices.
According to the latest market update, the price of gold in Pakistan settled at Rs428,936 per tola on Tuesday. The rate fell by Rs2,300 compared to the previous trading session, when gold was priced at Rs431,236 per tola.
The price of 10 grams of gold also recorded a decline. It dropped by Rs1,972, bringing the new rate down to Rs367,743 from the previous level of Rs369,715.
The latest Gold Rates indicate that domestic prices continue to follow trends in the international bullion market. Changes in global gold prices, exchange rates, and import costs remain key factors affecting local prices.
In the international market, gold also remained under pressure. The precious metal lost $23 per ounce, bringing the price down to $4,065 per ounce, including a premium of $20. Market analysts say international price movements continue to influence gold trading in Pakistan.
Updated prices for different gold purities were also released.
For 22-karat gold, the rate stood at Rs395,644 per tola. The price of 21-karat gold was recorded at Rs377,660 per tola, while 18-karat gold was available at Rs323,708 per tola.
On a per-gram basis, 22-karat gold was priced at Rs34,147, 21-karat gold at Rs32,595, and 18-karat gold at Rs27,939.
For 10 grams, the prices were Rs339,114 for 22-karat gold, Rs323,700 for 21-karat gold, and Rs277,457 for 18-karat gold.
Meanwhile, the price of 22-karat gold per ounce reached Rs967,848. The 21-karat rate stood at Rs923,855, while 18-karat gold was priced at Rs791,876 per ounce.
Silver prices also moved lower during the latest trading session. The price of silver per tola declined by Rs69, bringing the new rate to Rs6,324. The previous price was Rs6,393 per tola.
Experts say fluctuations in international bullion prices continue to shape local market trends. Currency exchange rates and import-related expenses also play an important role in determining domestic Gold Rates.
In other news read more about: Gold Price in Pakistan Falls to Rs428,936 Per Tola as Global Bullion Prices Decline
Investors and jewelry buyers are advised to monitor daily market updates before making purchasing decisions, as gold prices can change frequently due to developments in global financial markets and shifts in investor sentiment.
