Gold prices in Pakistan declined on Tuesday, following a downward trend in the international market. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold fell by Rs. 1,200 per tola, closing at Rs. 466,762.
Similarly, the rate for 10 grams of gold dropped by Rs. 1,028, reaching Rs. 400,173. This decrease mirrors a global dip in precious metal prices, highlighting the strong connection between international trends and local market movements.
In the international market, gold fell by $12, trading at $4,444 per ounce, including a premium of $20. Analysts suggest that fluctuations in global financial markets, including changes in the US dollar and inflation indicators, have contributed to the dip in gold prices.
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While gold saw a decline, silver prices remained stable, with the rate holding steady at Rs. 8,361 per tola. Market experts note that the stability of silver prices, despite gold’s fall, indicates a potential shift in investor interest toward alternative precious metals.
Buyers and investors are advised to monitor both local and international trends before making major purchases or sales of gold and silver. The APGJSA continues to provide daily updates to help traders and consumers stay informed.
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The recent fall in gold prices comes at a time when Pakistanis are closely watching precious metal trends for investment decisions, especially ahead of major festivals and wedding seasons, when demand traditionally spikes.