KARACHI – Per Tola Gold prices in Pakistan remained at Rs4.27Lac on Friday amid latest gains in bullion market.
The price of 24K gold declined by Rs4,600 in previous session to settle at Rs427,436. The price of 10 grams also registered a notable decrease of Rs3,944, reaching Rs366,457.
| Unit | New Price |
| Gold Per tola | Rs427,436 |
| Gold 10 grams | Rs366,457 |
| Gold Per ounce | $4,050 |
| Silver Per tola | Rs6,370 |
The latest declin comes just a day after the local gold market witnessed a significant drop.
| Gold Rate | 22K Gold | 21K Gold | 18K Gold |
|---|---|---|---|
| Per Tola | Rs393,708 | Rs375,812 | Rs322,125 |
| Per 1 Gram | Rs33,754 | Rs32,220 | Rs27,617 |
| Per 10 Gram | Rs337,544 | Rs322,201 | Rs276,172 |
| Per Ounce | Rs956,711 | Rs913,224 | Rs782,763 |
The downward momentum was driven by international market trends, where gold shed $46 per ounce to reach $4,050 per ounce, including a premium of $20.
Meanwhile, silver prices also decreased, with the price of one tola falling by Rs61 to settle at Rs6,370, reflecting the broader strength in precious metals.
Market analysts say local gold prices are likely to remain closely tied to movements in the international market, with global economic developments and investor sentiment continuing to influence bullion trends.
Gold price hits Rs424,236 Per Tola in Pakistan after slight uptick
