Pakistan Gold Prices Plummet as Global Bullion Rates Decline
Gold prices in Pakistan have dropped due to a decline in international gold rates. According to the Traders Union, per tola gold fell by Rs3,000 to Rs438,636 and 10-gram gold decreased by Rs2,572 to Rs376,059.
The drop in global bullion prices has also affected silver prices in Pakistan. Per tola silver prices declined by Rs50 to Rs6,528.
International gold rates have slipped $30 to $4,161 per ounce, which is reflected in the domestic market's pricing. This sensitivity to overseas price movements indicates that Pakistan's jewellery and bullion trade remains closely tied to international benchmarks.