Pakistan gold price falls Rs3,600 per tola to Rs421,836
AI Market Summary
Local Pakistani bullion prices fell sharply alongside a US$36/oz drop in international gold to US$3,994, signaling broad near-term weakness in precious metals. Silver also declined materially both locally and globally, reinforcing a risk-off tone within the metals complex. The move can pressure spot demand, hedging flows, and near-term valuations for gold- and silver-linked exposures.
Impact level
● Medium
Affected assets
NCCOGOLD2USD/USDT+0.19%
AI Insight · NCCOGOLD2USD/USDTAI Insight
▼ Bearish
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Gold prices in Pakistan fell on Friday, with 24K gold down Rs3,600 per tola to Rs421,836, according to the All Pakistan Sarafa Gems and Jewellers Association. In the international market, gold slipped US$36 to US$3,994 per ounce. Silver also weakened, with 24K silver down Rs126 per tola to Rs6,029 and international silver down US$1.26 to US$55.50 per ounce. The association also reported declines in per-10-gram rates for both gold and silver.
