According to the All Pakistan Sarafa Gems and Jewelers Association, the price of 10 grams of 24 karat gold fell by Rs514 to Rs305,384 from Rs305,898. For 10 grams of 22 karat gold, the price decreased by Rs471, now standing at Rs279,945 compared to Rs280,416 previously.

Silver prices also experienced a decline. The rate per tola silver went down by Rs18 to Rs3,816, while 10 grams fell by Rs16 to Rs3,271.

On the international front, gold prices dropped by $6 to $3,342 from $3,348, and silver prices decreased by $0.18 to $36.32, as reported by the Association.

This sudden decline has sparked curiosity among market watchers and small investors alike. Will this be seen as a rare buying chance or signal further instability in precious metal markets? Many analysts suggest that fluctuations in the international market and a stronger dollar are pushing investors to adopt a cautious approach.

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The latest drop in gold and silver prices highlights the sensitivity of Pakistan’s bullion market to global price movements. For Pakistani investors, these price adjustments could offer a short-term entry point, but they also raise concerns about long-term trends tied to global economic uncertainties, currency strength, and shifting investor sentiment. With prices in flux, potential buyers are left wondering whether to invest now or wait for further dips.