Gold prices fell in Pakistan and international markets on Tuesday, while silver rates remained unchanged in the local market.
According to the All Sarafa Market and Jewellers Association, 24-karat gold lost Rs3,600 per tola. Consequently, the price dropped to Rs435,436 per tola. The decline reflects a downward movement in both local and international gold markets.
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Similarly, the price of 10 grams of 24-karat gold decreased by Rs3,086. The rate reached Rs373,316, according to the association. These figures indicate a notable reduction in gold prices across different weight categories.
Meanwhile, silver prices remained stable in the domestic market. The price of 24-karat silver stood at Rs6,234 per tola. Unlike gold, silver recorded no change in its local rate during the reported trading session.
In the international market, gold prices also moved lower. The price of gold fell by $36 per ounce to $4,129. This decline accompanied the decrease in local gold rates reported by the association.
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The latest figures show that gold prices declined in both domestic and international markets. However, silver maintained its previous price level in Pakistan. The contrasting movements highlight the difference between the two precious metals during Tuesday’s trading.
The reported rates provide an update for consumers, investors and jewellery buyers monitoring precious metal prices. Gold buyers may find the lower rates relevant when assessing purchase costs. However, silver buyers saw no price change in the latest local market update.