Gold prices in Pakistan continued their decline on Friday, reflecting losses in the international market. In the local market, gold dropped by Rs1,000 per tola, settling at Rs467,262 according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). The price of 10 grams of gold fell by Rs858 to Rs400,601.
The downward trend follows a sharp drop in prices the day before. Globally, gold prices slipped by $10 to $4,445 per ounce, including a premium of $20. Silver prices also declined, falling by Rs30 to Rs7,454 per tola in the domestic market.
Market analysts note that the local bullion market continues to mirror international price movements, with volatility driven by global economic uncertainty and shifting investor sentiment.
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