Gold Price Drops for Second Straight Day in Pakistan – New Rate per Tola Revealed

🟢 Key Points

• Gold prices decreased for the second consecutive day in Pakistan.
• Decline driven by a drop in international gold market rates.
• Price per tola fell by around Rs1,000 in the local market.
• New gold rate per tola stands at approximately Rs467,262.
• Price of 10 grams of gold also decreased significantly.
• Silver prices witnessed a slight decline as well.

🟢 Summary

Gold prices in Pakistan continued their downward trend for the second day in a row, following a decline in global bullion markets. The reduction in international gold prices directly impacted local rates, bringing down the per tola price. Analysts link this trend to fluctuations in global markets and currency movements.

🟢 Detailed News

🔹 Gold Prices Continue to Fall

Gold rates in Pakistan dropped again, marking the second consecutive day of decline. The decrease reflects a broader trend in the international bullion market, where prices have also softened.

🔹 New Price per Tola

After the latest reduction, the price of 24-karat gold per tola has fallen to around Rs467,262, with a decrease of roughly Rs1,000 in a single day. Similarly, the price of 10 grams of gold also recorded a noticeable drop.

🔹 Impact of Global Market Trends

The fall in local gold prices is largely attributed to a decline in international rates, where gold per ounce dropped by about $10. This global shift has directly influenced domestic markets in Pakistan.

🔹 Silver Prices Also Affected

Alongside gold, silver prices also experienced a minor decrease in both per tola and per 10 grams rates, reflecting the overall downward trend in precious metals.