Gold prices in Pakistan fell sharply on Tuesday following a decline in international markets. The price per tola decreased by Rs13,900, reaching Rs549,962. Similarly, 10-gram gold was sold at Rs471,503 after losing Rs11,917, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On Monday, gold had gained Rs13,300 per tola, closing at Rs563,862. Analysts note that the current fall reflects global market trends rather than local demand fluctuations. The international gold rate dropped by $139 to $5,272 per ounce, with a $20 premium applied.
Read more: Gold prices surge by Rs 13,300 per tola
Silver prices also declined in line with precious metal trends. The price per tola decreased by Rs1,146, bringing silver to Rs8,904, as traders adjusted rates in response to international market movements.
Market experts say continued volatility in global commodities, especially gold and silver, could impact jewelry and investment sectors in Pakistan. Investors are advised to monitor both local and international prices before making purchases.
Read more: Gold prices surge over Rs13,000 amid global tension
The APGJSA continues to update market rates daily, ensuring transparency for traders and consumers. Officials emphasized that prices are influenced by global trends, exchange rates, and import dynamics.