KARACHI – Gold wrapped up week in Pakistan with some losses as prices in local market followed global downward trend.
Data shared by Sarafa Association shows price of gold per tola tumbled by Rs600, landing at Rs422,462. Similarly, 10 grams of gold took a hit of Rs514, dropping to Rs362,193.
Gold Rates Today
| City | Gold Price |
|---|---|
| Karachi | Rs422,462 |
| Lahore | Rs422,462 |
| Islamabad | Rs422,462 |
| Peshawar | Rs422,462 |
| Quetta | Rs422,462 |
| Sialkot | Rs422,462 |
| Hyderabad | Rs422,462 |
| Faisalabad | Rs422,462 |
Globally, gold also struggled to maintain its luster, sliding $6 to $4,001 per ounce (with a $20 premium), according to APGJSA figures.
Adding to the downturn, silver too wasn’t spared, its price dipped by Rs18 per tola, closing at Rs5,094.
Market watchers say investors are closely monitoring international cues, with volatility in precious metals expected to continue in the coming days.
