Gold Prices Drop Globally and in Pakistan Markets Significantly
Gold Prices Fall Rs4,400 Per Tola in Pakistan
ISLAMABAD: (Web Desk) – Gold prices recorded a sharp decline in both international and domestic markets, offering some relief to buyers after recent volatility.
In the global market, the price of gold fell by $44 per ounce, bringing it down to $4,494 per ounce, according to the latest market data.
The downward trend was also reflected in Pakistan’s bullion market, where the price of gold per tola dropped by Rs4,400, settling at Rs471,762.
Similarly, the price of 10 grams of gold decreased by Rs3,773 to reach Rs404,459, indicating a broad-based correction in local rates.
In contrast, silver prices moved upward during the same trading session. The price of silver per tola increased by Rs46, reaching Rs8,059.
Market analysts said precious metals continue to experience volatility due to shifting global economic conditions, changes in investor sentiment, and fluctuations in international commodity markets.
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