Pakistan Gold Price Falls by Rs3,600 to Rs465,536 Amid Global Market Volatility

The price of gold in Pakistan remained unchanged at Rs4.65 Lac per tola despite a drop in international rates. According to the Sarafa Association, the latest prices show that gold has fallen by Rs3,600 per tola to Rs465,536. This decline wiped out much of the previous session's gains, which saw gold jump by Rs3,900 per tola.

The 10-gram market also experienced a downturn, with gold dropping by Rs3,086 to Rs399,122. The international market was not immune to this trend, as gold slid $36 per ounce to $4,430. This price drop carries a premium of $20 and is having a ripple effect on the global market.

The silver market also felt the pressure, with its domestic price dropping by Rs63 per tola to Rs7,098. The volatility in precious metals has left the bullion market firmly in the red.