Gold prices in Pakistan fell on Thursday, mirroring a decrease in the international market. The local price of gold per tola dropped by Rs1,900 to close at Rs347,500, according to data from the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
Similarly, the price of 10-gram gold declined by Rs1,629, settling at Rs297,925.
Earlier in the day, gold prices had briefly risen, with the per tola rate reaching Rs349,400 after a gain of Rs6,600. However, this increase was reversed by the end of the session amid downward pressure globally.
On the international front, gold prices also experienced a decline. The rate stood at $1,329 per ounce (with a premium of $20), down $19 from the previous session.
Silver prices in the domestic market also saw a slight decrease. The price per tola dropped by Rs38 to close at Rs3,428.
These fluctuations reflect ongoing volatility in precious metals markets influenced by global economic factors and currency movements.