KARACHI – Gold started first week of June on negative note as prices declined in both the local and international markets.
On June 1, the price of gold per tola dropped sharply by Rs4,400, settling at Rs471,762 while 10-gram gold saw drop of Rs3,773, bringing its new price down to Rs404,459.
Gold Rates in Pakistan
| Item | New Price |
| Gold (Per Tola, Pakistan) | Rs471,762 |
| Gold (10 Gram, Pakistan) | Rs404,459 |
| Gold (International, per ounce) | $4,494 |
| Silver (Per Tola, Pakistan) | Rs8,059 |
The decline comes just days after a bullish session on Saturday, when gold had surged by Rs1,300, pushing the per-tola rate to Rs476,162 before reversing direction.
On the global front, gold prices slid by $44 per ounce, falling to $4,494 (including a $20 premium), adding pressure on local markets and triggering the downward adjustment.
However, in a striking contrast, silver moved against the trend. The metal gained Rs46 per tola, reaching Rs8,059, offering a rare bright spot amid the broader weakness in precious metals.
Gold Price Per Tola hits Rs4.76Lac Per Tola amid global bullion tweaks
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