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Gold Falls Sharply in Pakistan While Silver Prices Rise

Gold Falls Sharply in Pakistan While Silver Prices Rise

Gold prices witnessed a notable decline in both international and local markets, impacting rates across Pakistan. The drop reflects shifting global trends after a recent surge in precious metal prices.

In the domestic market, the price of 24-karat gold per tola fell by Rs. 700, settling at Rs. 496,962. Similarly, the rate for 10 grams dropped by Rs. 600, reaching Rs. 426,064.

On the global front, gold prices slipped by $7 per ounce, settling at $4,746. This decline signaled a slowdown in momentum after consistent gains in recent trading sessions.

Local markets quickly reacted to international changes, with gold traders adjusting prices accordingly. The drop highlights how closely Pakistanโ€™s gold market follows global pricing trends.

In contrast, silver prices moved in the opposite direction, showing strong upward momentum. The price of silver per tola increased by Rs. 50, reaching Rs. 8,064 in local markets.

Similarly, silver rates for 10 grams rose by Rs. 43, settling at Rs. 6,913. This surge indicates growing demand and a shift in investor interest toward silver.

Market experts suggest this divergence between gold and silver reflects changing investor strategies. While gold faced selling pressure, silver gained attention as an alternative investment.

The mixed movement in precious metals has created uncertainty among traders. Investors are now closely monitoring global economic signals to determine future price trends.

Despite the recent drop, gold remains a key safe-haven asset during geopolitical uncertainty. However, its short-term outlook may remain volatile depending on global market conditions.

Overall, the latest price movements highlight a dynamic shift in the precious metals market, with silver emerging as the stronger performer in the current scenario.

Also read: Gold Price in Pakistan Falls Sharply โ€“ April 7, 2026

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Kabeer

Sports news editor focused on football, tournaments, and player updates. Known for fast, factual, and well-structured reporting.
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Kabeer

News Writer
Sports news editor focused on football, tournaments, and player updates. Known for fast, factual, and well-structured reporting.

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