Gold prices in Pakistan remained at Rs467,936 after a massive drop in international bullion prices. The decline was also reflected in the 10-gram rate, which decreased by Rs12,946 to Rs401,179.
Gold Rates in Pakistan
| Gold Category | Rate |
|---|---|
| 24K Gold – 1 Tola | Rs467,936 |
| 24K Gold – 10 Grams | Rs401,179 |
| 22K Gold – 1 Tola | Rs426,250 |
| 21K Gold – 1 Tola | Rs406,875 |
International Gold Prices
The decline in Pakistan followed a major correction in the global gold market. International gold prices dropped $151 per ounce to $4,454, putting downward pressure on domestic bullion rates.
Gold prices in Pakistan are closely linked to international bullion prices, meaning significant movements in global markets are generally reflected in local rates.
Silver Price Also Drops
Silver also recorded a decline in the domestic market. Its price decreased by Rs397 per tola, bringing the latest rate to Rs7,112 per tola.
Lahore Gold Market Rates
| Category | Rate |
|---|---|
| Piece | Rs465,000 / Rs464,000 |
| Pathoor | Rs459,500 / Rs457,500 |
| 22K Gold | Rs426,250 |
| 21K Gold | Rs406,875 |
| Tezabi – Sell | Rs7,150 |
| KG Bar – Sell | Rs7,200 |
The weekend decline represents a notable correction from the elevated gold prices seen recently. Market participants are now monitoring international bullion prices for further direction, as additional movements in global gold prices could influence rates in Pakistan.
Big Drop in Gold Prices in Pakistan as Per Tola Rate dips to near Rs468,000
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