Gold prices in Pakistan extended their downward movement on Wednesday, tracking losses in international trading.
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola dropped by Rs. 1,200, closing at Rs. 440,662. The rate for 10-gram gold also fell by Rs. 1,029, bringing the new price to Rs. 377,796.
The decline follows Tuesday’s weakness, when gold per tola slipped by Rs. 1,900 to Rs. 441,862.
In the global market, gold eased by $12 to $4,207 per ounce, including a $20 premium, as investor sentiment remained pressured by broader market trends.
Meanwhile, silver prices moved in the opposite direction. In the local market, silver per tola increased by Rs. 265, reaching Rs. 6,367.
