Gold prices fall by Rs15,500 per tola in Pakistan

Gold prices fall by Rs15,500 per tola in Pakistan
Updated on

Summary Gold and silver prices in Pakistan fell sharply on Friday following global trends, with per tola gold at Rs476,862 and silver at Rs8,232, reflecting international market declines.

KARACHI (Dunya News) – Gold prices in Pakistan experienced a sharp decline on Friday, following a downward trend in the international market.

According to the Jewellers Association, the price of per tola gold dropped by Rs15,500, reaching Rs476,862, while the rate for 10 grams fell by Rs13,289 to settle at Rs408,832.
In the global market, gold prices fell by $155, bringing the international rate down to $4,545.

Silver prices in Pakistan also saw a decline, with the per tola rate falling by Rs972 to close at Rs8,232. The price of 10 grams dropped by Rs833, reaching Rs8,057.

Analysts attribute the decline to weakening global demand and market corrections, suggesting a cautious approach for buyers in the short term.

Browse Topics