KARACHI – Gold rates in Pakistan experienced a slight decrease on Tuesday, following a drop in the international market.
According to data from the Sarafa Association, the global bullion market saw a $5 decline per ounce, bringing the price down to $2,498. This global reduction has directly impacted local jewelry markets.
In Pakistan, the price of 24-carat gold dropped by Rs1,000 per tola, settling at Rs261,500. Similarly, the price for 10 grams of gold fell by Rs857, reaching Rs224,194.
Gold Rates in Pakistan Today
| Gold Rates Today | Price Difference | New Price |
|---|---|---|
| Gold (per ounce) | -$5 | $2,498 |
| Gold (per tola – 24 carat) | -Rs1,000 | Rs261,500 |
| Gold (per 10 grams – 24 carat) | -Rs857 | Rs224,194 |
Despite these fluctuations in gold prices, silver prices have remained stable. The price of silver per tola is steady at PKR 2,950, while the price for 10 grams of silver is unchanged at PKR 2,529.14.
The stability in silver prices amid the gold price decline highlights the ongoing volatility in the precious metals market, influenced by global trends and economic conditions. Local traders are closely monitoring the global market for potential further changes.
