Gold prices decline in Pakistan amid global market dip

Gold prices in Pakistan continued their downward trend on Saturday, mirroring a decline in the international market.

According to the All Pakistan Sarafa Gems and Jewelers Association, the price of 24-karat gold per tola dropped by Rs. 800, settling at Rs. 318,000, compared to Rs. 318,800 on the previous trading day. Similarly, the price of 10 grams of 24-karat gold fell by Rs. 686, reaching Rs. 272,633 from Rs. 273,319.

The price of 10 grams of 22-karat gold also declined by Rs. 629, bringing it down to Rs. 249,922 from Rs. 250,551.

Read: Gold prices rise by Rs1,650 to reach Rs319,000 per tola

However, silver prices remained unchanged, with per tola silver holding steady at Rs. 3,475, and 10 grams of silver at Rs. 2,979.

In the international market, gold prices dropped by $9, falling to $3,022 per ounce from $3,031, while silver prices remained unchanged at $33.10 per ounce.