Gold prices in Pakistan moved downward, tracking a drop in the international market, according to data released by the All Pakistan Sarafa Gems and Jewellers Association.
The domestic price for 24-karat gold per tola decreased by Rs 1,900, settling at Rs. 441,862. Similarly, the rate for 24-karat gold per 10 grams fell by Rs. 1,629 to Rs. 378,825.
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Gold of 22-karat purity per 10 grams also declined, dropping by Rs. 1,494 to Rs. 347,268.
The local downturn mirrored movements in the global market, where the international gold price per ounce slipped by $19 to $4,195.
Gold Rate in Pakistan – Gold Price Today Live Updates
In contrast, the silver market held steady. The domestic prices for silver per tola (24Kt) and silver per 10 grams remained unchanged at Rs. 6,102 and Rs. 5,231, respectively.
Internationally, the silver price per ounce also showed no change, holding at $58.30.
The Association stated that local gold rates are calculated based on interbank exchange rates, ensuring alignment with global trends. All listed prices are for a purity of 999 (24K).
A day earlier, Gold prices in Pakistan witnessed a significant rise on Monday, according to the latest interbank-based valuation issued by the All Pakistan Sarafa Gems and Jewellers Association.
The price of 24-karat gold per tola climbed to Rs. 443,762, marking an increase of Rs. 1,600. Similarly, 24-karat 10-gram gold rose to Rs. 380,454, gaining Rs. 1,372. Gold of 22-karat purity also followed the upward trend, reaching Rs. 348,762 with a gain of Rs. 1,258.
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On the global front, international gold prices edged up to $4,214, rising by $16. Silver markets showed moderate increases as well, with 24-karat silver per tola priced at Rs. 6,102 after a rise of Rs. 30, while 10-gram silver reached Rs. 5,231 following a Rs. 26 increase. International silver was reported at $58.30, up by $0.30.