Gold prices in Pakistan witnessed a decline in the local market, offering slight relief to buyers after recent highs. According to market data shared by the All Pakistan Gems and Jewellers Association, the price of 24-karat gold dropped by Rs. 4,400 per tola, bringing it down to Rs. 471,762.
The reduction was also seen in smaller units. The price of 10 grams of gold decreased by Rs. 3,773, settling at Rs. 404,459 in the local market. Traders noted that this shift reflects ongoing fluctuations in global and domestic demand.
In the international market, gold prices also moved downward, falling by $11 per ounce to reach $4,494. Experts link these changes to variations in global economic conditions, currency movement, and investor activity in precious metals.
Gold remains an important investment option in Pakistan, especially during times of inflation and uncertainty. Even small changes in global rates directly affect local pricing. Market observers expect prices to remain sensitive in the coming days, depending on international trends and demand shifts.
