Pakistan gold prices decline as global bullion rates ease
Gold prices in Pakistan are lower on Saturday as weakness in international bullion markets feeds through to local trading. The per-tola rate drops by Rs1,600 to Rs439,036, while 10-gram gold falls by Rs1,372 to Rs376,402.
Highlights
- Gold prices in Pakistan fell by Rs1,600 to Rs439,036 per tola, aligning with global declines reported by the All-Pakistan Gems and Jewellers Sarafa Association.
- The international gold price dropped $16 to $4,165 per ounce, heavily influencing domestic bullion moves in Pakistan on Saturday.
- Silver prices in Pakistan slipped by Rs81 to Rs6,175 per tola, reflecting continuing weakness in the broader precious metals market.
Local bullion rates track international move
As reported by Business Recorder, citing All-Pakistan Gems and Jewellers Sarafa Association, domestic gold rates move down in line with losses in the global market. The association says gold in the local market is priced at Rs439,036 per tola after a daily decline of Rs1,600.Ten-gram gold is sold at Rs376,402 after falling by Rs1,372, reflecting the same downward trend across standard retail trading units.
Silver prices also weaken
The international gold rate declines by $16 to $4,165 per ounce, setting the direction for Pakistan's local market on Saturday.Silver also posts a decline, with the local price falling by Rs81 to Rs6,175 per tola, indicating broader softness across precious metals.
Our earlier article on Pakistan’s October 15 fuel price revision detailed how the government raised petrol rates while slightly cutting high-speed diesel under its regular pricing mechanism. It noted that the adjustment was linked to international oil-market movements and changes in benchmarks and premiums that filter into local prices.
Latest Silver News
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
