Gold prices in Pakistan fell on Wednesday following a decline in the international market.

In the local market, the price of gold per tola dropped by Rs. 1,000, settling at Rs. 434,762. Similarly, the price for 10 grams of gold decreased by Rs. 857, reaching Rs. 372,738, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The drop came after a sharp surge on Tuesday, when the price per tola had climbed to Rs. 435,762 following a gain of Rs. 5,900 during the day. Analysts attribute the recent fluctuations to both domestic demand and movements in the international gold market.

Internationally, gold rates slipped by $10, trading at $4,124 per ounce, including a $20 premium. Experts note that global economic factors, currency movements, and investor sentiment are influencing these shifts.

Meanwhile, silver prices in Pakistan moved higher, with the rate per tola rising by Rs. 81, reaching Rs. 5,434. Market observers highlighted that silver demand continues to remain steady, supported by industrial and jewelry usage.

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Traders and investors are advised to monitor both local and international markets closely, as gold and silver prices remain volatile amid global economic developments.

The APGJSA continues to provide updated daily rates to guide jewelers, investors, and consumers in Pakistan, helping them make informed decisions in the fluctuating precious metals market.