KARACHI (Dunya News) - Gold prices in Pakistan registered a notable decline on Tuesday, ending a four-day period of stability and signaling a shift in the domestic and international bullion markets.
As per data released by the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-carat gold dropped by Rs 2,700 per tola, bringing the new rate to Rs 444,162. Similarly, the price of 10 grams of 24-carat gold decreased by Rs 2,315, settling at Rs 380,797. Prices of 22-carat gold also dipped, following the overall downward trend.
The decline was not limited to the local market. Internationally, gold prices fell by $27, reaching $4,218 per ounce, marking a reversal after several days of stable or rising prices. Analysts say the move reflects renewed pressure on global precious metals amid shifting economic trends.
In contrast, silver prices moved upward in both domestic and global markets. In Pakistan, the price of silver per tola rose by Rs 41, reaching Rs 6,004, while 10 grams became Rs 35 more expensive. On the international market, silver gained $0.41 to reach $57.32 per ounce.
The contrasting movements in gold and silver have drawn attention from investors who are now closely monitoring market signals for the days ahead.