Pakistan gold prices fall with per tola rate down Rs6,500
Pakistan's gold market weakens on Friday as domestic prices track a fresh drop in international bullion rates. The per tola price falls to Rs429,136, while the global gold rate declines by $65 to $4,066 per ounce.
Highlights
- Gold price per tola in Pakistan drops Rs6,500 to Rs429,136, mirroring global market weakness during Friday's session.
- International gold price falls by $65 to $4,066 per ounce, driving broad-based declines across precious metals.
- Pakistani silver price per tola decreases Rs85 to Rs5,678, indicating synchronized movements between local and global precious metals markets.
Domestic bullion rates track global decline
As reported by Business Recorder, citing the All-Pakistan Gems and Jewellers Sarafa Association, local gold prices move lower during Friday's trading session in line with softer international rates.In the local market, the price of gold per tola falls by Rs6,500 to Rs429,136. The rate for 10 grams also declines by Rs5,573 to Rs367,914.
The international gold price decreases by $65 to reach $4,066 per ounce.
Broader impact on Pakistan's precious metals market
Silver prices also come under pressure in Pakistan's market. Per tola silver falls by Rs85 to Rs5,678.The decline points to a broad-based pullback across precious metals, with domestic pricing continuing to reflect movements in global commodity markets.
Our earlier article on Pakistan’s October 15 fuel price revision explained how authorities adjusted petrol and high-speed diesel rates under the regular pricing mechanism. It noted that shifts in global crude benchmarks and related pricing inputs were key drivers, underscoring how international market moves can quickly translate into changes for local consumers.
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