KARACHI – Gold prices witnessed slight drop in line with global downturn in bullion rates, according to data released by the All Pakistan Sarafa Gems and Jewelers Association.
In local market, gold prices fell by Rs2,300 per tola to Rs356,700 while the price per 10 grams decreased by Rs1,972, reaching Rs305,812.
Today Gold Price
| City | Price |
| Karachi | Rs356,700 |
| Lahore | Rs356,700 |
| Islamabad | Rs356,700 |
| Peshawar | Rs356,700 |
| Quetta | Rs356,700 |
| Sialkot | RRs356,700 |
| Hyderabad | RRs356,700 |
| Faisalabad | RRs356,700 |
Silver also followed suit, experiencing a modest drop. The white metal saw a reduction of Rs34 per tola to settle at Rs4,023, while the 10-gram rate declined by Rs29 to Rs3,449. On the global front, silver was trading at approximately $39 per ounce.
Traders attributed the continued decline to weak international demand and investor caution amid shifting global economic conditions.
