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Gold prices in Pakistan fall by over Rs9,700 per tola

Gold prices

KARACHI: Gold prices across Pakistan declined sharply on Thursday, with a drop of more than 9,700 rupees per tola, according to the All Pakistan Gems and Jewelers Association.

The price of one tola of gold fell by 9,720 rupees, bringing it down to 432,716 rupees. Similarly, the price of 10 grams of gold decreased by 8,748 rupees to 369,422 rupees.

In the international market, gold prices also weakened, falling by $97 per ounce to $4,102, market data showed.

Analysts attributed the decline to fluctuations in global bullion markets and changing investor sentiment.

Gold prices drop sharply in Karachi amid global decline

Gold prices

KARACHI: Gold prices witnessed a significant decline in the local market on Wednesday, tracking a sharp fall in international rates, dealers said.

The price of 24-karat gold per tola dropped by Rs 12,627 to settle at Rs 442,436.

Similarly, the price of 10 grams of gold fell by Rs 11,364, bringing it down to Rs 378,170, according to local bullion market data.

In the international market, gold prices declined by $126 per ounce, reaching $4,200, traders said.

Silver prices also saw a decrease, with the rate per tola dropping by Rs 385 to settle at Rs 6,929 in the local market.

Gold prices surge in local markets after one-day decline

Gold prices

KARACHI: Gold prices witnessed a sharp rebound in both international and local markets on Thursday after declining a day earlier.

In the international bullion market, the price of gold rose by $50 per ounce, pushing the global rate to $4,530 per ounce.

Following the upward trend in the global market, local bullion markets also recorded a significant increase in gold prices during the fourth trading day of the week.

The price of 24-karat gold per tola surged by Rs5,000, reaching Rs475,362 in the local market.

Similarly, the price of 10 grams of gold increased by Rs4,287 to settle at Rs407,546.

Meanwhile, silver prices also moved upward across the country. The price of silver per tola climbed by Rs60 to Rs8,034, while the rate for 10 grams of silver increased by Rs51 to Rs6,887.

A day earlier, gold prices had dropped sharply, with the international market declining by $68 per ounce to $4,480. In the domestic market, gold prices had fallen by Rs6,800 per tola to Rs470,362, while the price of 10 grams had decreased by Rs5,830 to Rs403,259.

Gold prices drop sharply in global and local markets

Gold prices drop

KARACHI: Gold prices witnessed a sharp decline in both international and domestic markets, with significant losses recorded in bullion trading.

In the international bullion market, the price of gold fell by $155 per ounce, bringing the new global rate to $4,545 per ounce.

Following the global trend, local gold markets also saw a steep decline on the final trading day of the week. The price of 24-karat gold per tola dropped by Rs15, 500, settling at Rs476, 862.

The price of 10 grams of gold decreased by Rs13, 289, bringing the new rate to Rs408, 832.

Market analysts said the local prices moved in line with international trends as volatility continued in global commodity markets.

Silver prices also declined in local markets following a sharp drop in gold rates, reflecting broader volatility in precious metals trading.

Meanwhile, silver prices also fell significantly, with the per tola rate dropping by Rs972 to Rs8, 232. The price of 10 grams of silver also registered a decline of Rs833, according to market data.

Traders said local bullion rates continue to track international market movements as investors respond to

Gold prices drop Rs24,300 ahead of Eid across Pakistan

Gold prices drop

KARACHI: Gold prices witnessed a significant decline across the country ahead of Eid, according to the All Pakistan Gems and Jewellers Association.

The association reported that the price of gold per tola dropped by Rs 24,300, bringing it down to Rs 499,462.

Similarly, the price of 10 grams of gold decreased by Rs 20,833, settling at Rs 428,208.

In the international market, gold prices also fell by $243 per ounce, bringing the rate down to $4,767.

Gold prices drop sharply after recent surge

Gold prices drop

KARACHI: After witnessing a surge of several thousand rupees yesterday, gold prices have dropped significantly on Tuesday.

According to the All Pakistan Gems and Jewelers Association, the price of gold per tola fell by ₨13,900, reaching ₨549,962.

Similarly, the price of 10 grams of gold decreased by ₨11,917, bringing it down to ₨471,503.

In international markets, gold is trading lower as well, with a decrease of $139 to $5,272 per ounce.

Gold prices continue sharp decline in Pakistan

Gold prices

KARACHI: The downward trend in gold prices in Pakistan continued on the first day of the business week, with a massive reduction of thousands of rupees recorded once again.

According to the All Pakistan Gems and Jewellers Association, the price of gold fell by Rs21,500 per tola on Monday, bringing the new rate to Rs490,362 per tola.

Similarly, the price of 10 grams of gold declined by Rs18,433, settling at Rs420,406.

It is noteworthy that over the past three days, gold prices have dropped by a cumulative Rs82,500 per tola, marking one of the steepest short-term declines in recent times.

Meanwhile, in the international market, gold prices fell by $215 to $4,676 per ounce, which also contributed to the sharp correction in local prices.

Gold prices record biggest drop in Pakistan’s history

Gold prices

KARACHI: The largest decline in gold prices in the country’s history has been recorded, bringing significant relief to buyers.

According to the All Pakistan Gems and Jewellers Association, the price of gold per tola has dropped by Rs 35,500, after which the new rate stands at Rs 537,362 per tola.

Similarly, the price of 10 grams of gold has decreased by Rs 30,435, bringing it down to Rs 460,701.

In the international market, gold prices have also witnessed a sharp fall, declining by $355 to $5,150 per ounce.

It is noteworthy that during the previous two days, gold prices had surged by more than Rs 42,000, making the current decline the steepest single-day drop in Pakistan’s gold market history.

Record-breaking surge pushes gold prices above Rs500,000

Record-breaking surge

KARACHI: Gold prices once again surged to historic highs in both international and domestic markets.

In the global bullion market, the price of gold jumped by a massive $127 per ounce, pushing the new all-time high to $4,840 per ounce.

Similarly, in local bullion markets, the price of 24-karat gold per tola rose sharply by Rs12,700, reaching a record level of Rs506,362 for the first time. Meanwhile, the price of 10 grams of gold increased by Rs10,888 to Rs434,123.

Silver prices in the country also witnessed an upward trend, with the per tola rate rising by Rs64 to reach a new historic high of Rs9,933.

Global market momentum pushes gold prices upward

Global market

KARACHI: The gold prices have climbed sharply in the past week due to sustained global market momentum, with domestic market activity lagging behind.

In the international market, gold climbed $123 over the week to trade at $4,165 per ounce, leading to a surge in local prices.

In Pakistan, the price of one tola of gold increased by PKR 12,300, reaching PKR 438,862, while the price of 10 grams of gold rose by PKR 10,542, hitting PKR 376,253.

Silver prices also saw an increase, rising by PKR 420 per tola over the week to PKR 5,642 per tola.

Despite the rising gold prices, shopkeepers report that local market demand has slowed, with investors closely monitoring global market trends before making purchases.