Gold prices dip in Pakistan despite global increase

Gold prices in Pakistan declined on Friday, as the price of 24-karat gold fell by Rs300 per tola to settle at Rs349,700, according to the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA).

The price for 10 grams of 24-karat gold also dropped by Rs257, reaching Rs299,811.

Meanwhile, 22-karat gold was priced at Rs274,836 per 10 grams.

In contrast, silver prices saw an upward trend. The rate for 24-karat silver rose by Rs16 per tola, reaching Rs3,417, while the 10-gram rate increased by Rs14 to Rs2,929.

On the international front, spot gold traded at around $3,315 an ounce, up $1.2 or 0.04% from the previous session