According to details, gold in the international market dropped by $10 and is now available at $3,740 per ounce. This global dip directly influenced Pakistan’s gold market. In the local market, the price of one tola gold decreased by Rs1,000, now standing at Rs395,800.
Similarly, the price of 10 grams gold fell by Rs858, reaching Rs339,334. Jewelers and traders believe that a slight fall in the dollar’s value and cautious investor behavior in global markets have pushed gold prices down. If this trend continues, further decline is possible.
On the other hand, silver has shown an upward movement. The price of one tola silver increased by Rs64, climbing to Rs4,599.
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Economic experts say this fluctuation in precious metals is keeping investors cautious. Market analysts further warn that the current fall in gold prices could be temporary, as global political and economic conditions may drive prices upward again.
The drop in gold prices looks good for buyers, but the rise in silver hints at mixed signals. Investors remain cautious, knowing that political and economic tensions can quickly change the game. This fall may just be a short pause before another climb.
