Gold Prices fell further in Pakistan on Monday, with the price of 24-karat gold declining by Rs1,800 per tola to Rs466,136.
According to the All Pakistan Sarafa Association, the price of 10 grams of gold fell by Rs1,543 to Rs399,636.
The latest decline follows a sharp correction in the local bullion market in recent days. Gold prices have also remained under pressure in international markets.
Silver Prices Rise
While gold declined, silver prices moved higher in Pakistan.
The price of silver increased by Rs67 per tola, reaching Rs7,179.
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The rise came despite the broader weakness in precious metals during Monday’s trading session.
International Gold Market
Gold prices also fell in the international market.
The price of gold declined by $18 per ounce to $4,436.
Global gold prices often influence rates in Pakistan, along with movements in the rupee-dollar exchange rate and local market conditions.
The latest figures point to continued volatility in the precious metals market as investors monitor global economic and geopolitical developments.
