Gold prices in Pakistan saw a modest decline on Friday, mirroring similar trends seen globally. In local markets, the gold price per tola dropped by Rs8,600, now trading at Rs519,962 each. The All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) reported that 10-gram gold was sold for Rs445,783—a reduction of Rs7,373 from the previous day.
Meanwhile, silver prices also fell slightly to reach Rs8,324 per tola, marking a decrease of Rs501 since the previous session. This decline in both precious metals aligns with global market movements, where gold prices slid by $86 to stand at $4,972 per ounce, accompanied by a premium of $20.
These fluctuations underscore continued volatility in the international financial arena and their impact on local markets. As investors closely monitor these trends for potential shifts in monetary policies or economic indicators influencing precious metal valuations.