Gold prices in Pakistan declined on Monday, mirroring a significant drop in the international market. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola fell by Rs. 5,500, settling at Rs. 470,162. Similarly, the price of 10 grams of gold decreased by Rs. 4,715 to Rs. 403,088.
This fall follows a short-term gain on Saturday, when gold prices had risen by Rs. 2,300 per tola to reach Rs. 475,662. Analysts attribute the recent decline to global market trends, where international gold prices dropped by $55 to $4,478 per ounce, including a $20 premium.
Silver prices in Pakistan also experienced a decrease, with the rate per tola falling by Rs. 332 to Rs. 8,075. The decline in both gold and silver highlights the sensitivity of local precious metals markets to international price movements, reflecting broader economic and investor sentiment trends.
