KARACHI – Gold prices in Pakistan continued their downward trend on Friday, mirroring a dip in the international market. According to the latest figures released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola dropped by Rs1,595, bringing it down to Rs357,000.
Similarly, the price of 10 grams of gold saw a reduction of Rs1,368, settling at Rs306,069.
This decline follows a smaller dip recorded on Thursday, when gold prices had dropped by Rs460, closing the day at Rs358,595 per tola.
The trend isn’t just local — the global gold market also saw a downward shift. The international price of gold stood at $3,356 per ounce, which includes a $20 premium, reflecting a $16 decrease for the day.
It wasn’t just gold feeling the pressure — silver prices also dipped, with the per tola rate falling by Rs24, now standing at Rs3,796.
For investors and jewellery buyers, this drop offers a brief sigh of relief after weeks of steady hikes. However, market experts suggest keeping an eye on global cues, as price fluctuations remain closely tied to international economic conditions, interest rate expectations, and geopolitical developments.
