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BOL News

Pakistan gold prices slide Rs3,600 per tola as global bullion drops $36 an ounce

AI Market Summary
Gold prices fell sharply in Pakistan, tracking a $36/oz decline in international bullion to around $3,994/oz under a domestic pricing formula set at a $20/oz premium to global rates. The move reinforces near-term downside pressure in spot gold and related precious-metals sentiment, while also signaling reduced immediate demand for safe-haven exposure amid softer global pricing.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT+1.13%
AI Insight · NCCOGOLD2USD/USDTAI Insight
▼ Bearish
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⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Gold and silver prices in Pakistan fell sharply on Friday, with gold down Rs3,600 per tola to Rs421,836 and down Rs3,086 per 10 grams to Rs361,656. Silver dropped Rs126 per tola to Rs6,029. The decline followed a $36-per-ounce drop in international gold prices to $3,994 per ounce, and Pakistan’s local pricing formula that sets gold at $20 per ounce above the global rate.
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