Gold price in Pakistan fell on Friday, with 24-karat gold priced at Rs307,000 per tola, down Rs2,000 from the previous day. This decline follows global market trends affecting precious metals.
Key Highlights of Gold Price:
- 24-karat gold per tola: Rs307,000 (-Rs2,000)
- 24-karat gold per 10-gram: Rs263,203 (-Rs1,714)
- 22-karat gold per 10-gram: Rs241,278
- Silver per tola: Rs3,430 (-Rs38)
- Silver per 10-gram: Rs2,940 (-Rs33)
Gold Market update
The All-Pakistan Gems and Jewelers Sarafa Association (APGJSA) reported the latest gold and silver price in Pakistan. In global markets, spot gold traded at $2,934 per ounce, dropping $6.8 or 0.23% from the last session.
Why Did Gold Prices Drop?
Gold prices have been fluctuating, but overall, they have gained for eight straight weeks. Investors still see gold as a safe option due to economic concerns and global uncertainty, especially about U.S. tariff policies.
What’s Next for Gold Prices?
Experts believe gold prices may remain unpredictable, influenced by factors like inflation, central bank policies, and global events. However, gold remains a strong choice for investors during uncertain times.
Conclusion
Even though gold prices in Pakistan have dropped, the long-term trend remains positive. Investors should watch global market trends and economic news to understand future price changes.
For more updates, visit Daily Gold Signal. For in-depth market insights, check out Daily Gold Update.
