Pakistan gold prices hold steady as silver slips in local market

Pakistan gold prices hold steady as silver slips in local market
Gold steady, silver down

Precious metal rates in Pakistan are broadly stable at the end of the week, with domestic gold prices tracking a flat international market. Silver moves lower at the same time, indicating limited movement across key bullion benchmarks in the local market.

Highlights

  • Gold prices in Pakistan remain unchanged at Rs429,136 per tola and Rs367,914 per 10 grams, according to the All-Pakistan Gems and Jewellers Sarafa Association.
  • International gold prices hold steady at $4,066 per ounce, mirroring the lack of movement in Pakistan's local bullion market.
  • Silver prices in Pakistan drop by Rs10 to Rs5,668 per tola, indicating divergence from the stable gold market.

Local bullion rates stay flat

As reported by Business Recorder, citing the All-Pakistan Gems and Jewellers Sarafa Association, gold prices in Pakistan remain unchanged on Saturday, with the rate per tola holding at Rs429,136.

The price of 10-gram gold also stays flat at Rs367,914, reflecting the lack of movement in domestic bullion trading during the day.

In the international market, gold remains stable at $4,066 per ounce, in line with the trend seen in Pakistan's local market.

Silver decline shapes market move

While gold shows no change, silver records a modest decline in local trading. The price of silver falls by Rs10 to Rs5,668 per tola.

The mixed movement suggests Pakistan's bullion market is seeing limited volatility, with gold holding firm as silver edges lower.

Our earlier coverage of Pakistan’s October 15 fuel price revision explained how the government adjusted retail petrol and high-speed diesel rates under its regular pricing mechanism. That update also noted that shifting global crude prices and related cost components were feeding into domestic price changes.

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