Gold prices in Pakistan edge lower after two days of sharp gains

Gold prices in Pakistan edge lower after two days of sharp gains
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Summary In the international market, gold prices eased by $11 per ounce, with the precious metal trading at $4,174 per ounce

KARACHI (Dunya News) - Gold prices declined across Pakistan on Saturday, ending a two-day streak of significant increases, according to the All Pakistan Sarafa Gems and Jewellers Association.

The price of 24-karat gold fell by Rs1,100 per tola, bringing it down to Rs439,836 in the local market.

Similarly, the price of 10 grams of 24-karat gold dropped by Rs943, settling at Rs377,088.

Silver prices also recorded a decline, with the price of one tola of silver decreasing by Rs48 to Rs6,716.

In the international market, gold prices eased by $11 per ounce, with the precious metal trading at $4,174 per ounce, contributing to the downward trend in domestic prices.

Gold prices in Pakistan generally fluctuate in line with movements in international bullion markets and changes in the rupee-dollar exchange rate.
 

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