Gold Prices Drop Below Rs. 425,000 Per Tola in Pakistan

Gold prices continued their downward trend in Pakistan on Tuesday, following a decline in international bullion markets.

According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold fell by Rs. 4,100 per tola, bringing the new rate to Rs. 424,836 per tola.

The price of 10 grams of gold also declined by Rs. 3,515, settling at Rs. 364,228.

International Gold Prices Also Decline

The local market followed the global trend, where gold prices also moved lower during the latest trading session.

In the international market, gold declined by $41 per ounce, closing at $4,024 per ounce.

Silver Prices Move Higher

While gold prices recorded a notable drop, silver posted gains during Tuesday’s trading.

According to market data, the price of silver increased by Rs. 25 per tola, reaching Rs. 6,349 per tola.

Analysts say domestic gold prices generally move in line with international bullion markets and are influenced by global demand, currency movements, and overall market sentiment.