Gold prices decline in Pakistan amid falling global market rates.

Gold Prices Decline in Pakistan Following Global Trend – Key Highlights

1. Drop in Local Gold Prices:

   • Per tola (11.66g): Decreased by Rs 1,900 to Rs 347,500.

   • Per 10 grams: Fell by Rs 1,629 to Rs 297,925 (as per APGJSA data).

2. International Market Influence:

   • Global gold prices dropped by $19∗∗,settlingat∗∗$3,291 per ounce (including a $20 premium).

   • This follows a sharp increase of Rs 6,600 per tola just a day earlier (Wednesday).

3. Silver Prices Also Decline:

   • Per tola rate decreased by Rs 38, closing at Rs 3,428.

Gold prices in Pakistan fell sharply on Thursday, tracking a downward trend in international markets. The drop comes after a significant rise the previous day, highlighting the volatility in precious metal prices due to global economic factors. Silver prices also saw a minor decline, reflecting broader market trends. Investors and traders should monitor global gold trends and currency fluctuations for future price movements.