In Pakistan’s local bullion market, the price of 24-karat gold per tola has decreased by Rs21,400, bringing the new price to Rs507,762 per tola.
Similarly, the price of 10 grams of gold has fallen by Rs18,347, and it is now available at Rs435,324.
This fresh decline continues the recent downward trend seen in precious metal prices.
Global Gold Prices Also Slide
On the international level, gold prices dropped by $214, reaching $4,850 per ounce.
The decrease in global prices has played a key role in pushing local rates lower.
Silver Prices Register Sharp Fall
Silver has also followed the downward trend.
In the local market, silver per tola fell by Rs1,430, after which the new price stands at Rs7,825 per tola.
What This Means for Buyers and Investors
The falling prices may create an opportunity for:
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Jewelry buyers
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Wedding shoppers
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Long-term investors
However, market experts advise keeping an eye on global economic conditions, currency movements, and international bullion trends before making major purchase decisions.
Final Thoughts
With both gold and silver becoming cheaper, many Pakistanis are closely watching the market to see whether prices will fall further or stabilize in the coming days.
