Gold prices in Pakistan fell on Saturday, tracking a decline in the international market. The per tola price dropped by Rs600 to settle at Rs476,262. The movement reflects continued volatility in global bullion markets and its direct impact on local pricing.
According to the All-Pakistan Gems and Jewellers Sarafa Association, the 10-gram gold rate also declined by Rs515 to Rs408,317. The fall came after a sharp drop earlier in the week. Consequently, traders noted increased uncertainty among buyers and investors.
Read more: Gold price plunges by Rs15,500 in Pakistan
Internationally, gold prices slipped by $6 to reach $4,539 per ounce, including a $20 premium. The global decline played a key role in driving domestic prices lower. Moreover, fluctuating demand and market sentiment continue to pressure bullion rates worldwide.
Silver prices also moved downward in Pakistan, falling by Rs159 per tola to Rs8,073. The decline followed the broader trend in precious metals. However, analysts say short-term corrections remain common in volatile commodity markets.
Read more: Gold drops Rs1,100 per tola in Pakistan
Overall, the latest drop highlights strong linkage between local and international bullion markets. Investors are closely watching global economic signals for future price direction.