Gold prices in Pakistan witnessed a marginal decline on Tuesday reflecting the downward trend observed in international markets.
According to the latest rates issued by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold per tola settled at Rs359,000 after a Rs700 decrease from the previous session.
Similarly, the price of 10 grams of 24-karat gold dropped by Rs600 to Rs307,784, while 22-karat gold was quoted at Rs282,145 per 10 grams, marking a Rs550 fall.
In the international bullion market, gold prices were recorded at $2,365 per ounce, reflecting a $7 dip compared to Monday’s rates. The slight easing is attributed to a strengthened dollar and investor caution ahead of key economic data releases from the US Federal Reserve later this week.
Meanwhile, silver prices also slipped both locally and globally. The price of 24-karat silver per tola in Pakistan stood at Rs4,014, down by Rs73. Ten grams of silver were priced at Rs3,441, reflecting a Rs62 decline. On the international front, silver traded at $38.30 per ounce, shedding $0.73.
