Summary Gold and silver prices fall sharply globally and in Pakistan. Gold drops to Rs 499,462 per tola (10g Rs 428,208), silver down to Rs 7,734 per tola.
KARACHI (Dunya News) - Significant declines were recorded in gold and silver prices both internationally and domestically.
In the international market, gold prices fell sharply by $243 per ounce, reaching $4,767.
Domestically, 24-carat gold per tola dropped by Rs 24,300 to Rs 499,462, while the 10-gram price fell by Rs 20,833 to Rs 428,208.
Silver prices also decreased, with 24-carat silver per tola falling by Rs 760 to reach Rs 7,734.
The decline reflects global market trends, impacting both investors and consumers in Pakistan.
A day earlier, prices remained stable in both global and local markets with no change reported in rates.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of gold per tola in Pakistan remained unchanged at Rs523,762, while the price of 10 grams of gold also stayed stable at its previous level of Rs449,041.
In the international market, the price of gold per ounce also remained steady without any change at $5,010.
Meanwhile, the price of silver in Pakistan declined, with the per tola rate falling by Rs75 to reach Rs8,494.
