Gold prices in Pakistan continued their downward trend for the second consecutive day, mirroring a similar dip in the international market. 24-karat gold per tola dropped by Rs1,000, settling at Rs361,300, while 10 grams declined by Rs857 to Rs309,756.
Globally, gold prices also softened, with the rate per ounce falling by $16 to $3,398. Analysts attribute the decline to fluctuations in the dollar and investor adjustments amid changing market dynamics.
Also Read: Gold Soars Again! 4th Consecutive Day of Price Hike in Pakistan
Contrary to gold’s dip, silver prices in Pakistan saw a notable rise. The price of 24-karat silver per tola increased by Rs69 to Rs3,856, while 10 grams reached Rs3,305.
The mixed trends highlight diverging demand and investor behavior in precious metal markets both locally and abroad.
