Pakistan's Gold Price Drops Amid Global Market Slump

The price of gold in Pakistan has dropped due to a decline in international bullion prices. According to recent data, the 24-karat gold price remained steady at Rs436,336 per tola over the weekend, while the price of 10 grams of gold hovered around Rs374,087.

The drop in global gold prices contributed to this downward adjustment in domestic gold rates. Local bullion prices often respond to changes in international gold prices, along with currency movements and other market factors.

Silver prices also followed gold's downward trend, falling by Rs56 per tola to bring its latest rate to Rs6,522.