Gold prices in Pakistan decline to Rs. 460,236 per tola

Gold prices in Pakistan experienced a slight decline on Saturday, with the price of 24-karat gold falling by Rs. 100 per tola to settle at Rs. 460,236. The price for 10 grams also decreased by Rs. 85, reaching Rs. 394,578.

Despite this recent dip, market trends suggest that local gold prices could potentially return to the Rs. 470,000 per tola level in upcoming sessions. This follows a significant increase on the previous Friday, when gold gained Rs. 6,900 per tola.

Silver prices also followed a downward trend, dropping by Rs. 69 per tola to settle at Rs. 7,100. The domestic bullion market remains highly sensitive to international gold movements, currency fluctuations, and local supply and demand conditions. In the international market, gold settled at approximately $4,377 per ounce.