Gold Prices Hold Steady in Pakistan After Record Surge
Karachi (Business Desk): Gold prices in Pakistan remained unchanged on Thursday, following a record-breaking rally in the previous session, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
Local Market Update
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The price of gold per tola held firm at Rs. 376,700.
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The rate for 10 grams of gold also stayed unchanged at Rs. 322,959.
Meanwhile, the price of silver in Pakistan remained stable as well, with the per tola rate fixed at Rs. 4,315.
Global Market Trend
On the international market, gold was steady at $3,540 per ounce, including a $20 premium, as reported by APGJSA.
The pause in price movement comes after days of heightened volatility, when gold touched unprecedented highs in Pakistan’s bullion market.
What Analysts Say
Market experts believe the stability reflects a temporary cooling-off period as investors assess:
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Global economic conditions
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Currency fluctuations
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Geopolitical factors impacting safe-haven demand
Analysts further suggest that both gold and silver could see fresh movement in the coming days depending on dollar trends and international commodity flows.
