KARACHI, Pakistan – Web Desk: Gold prices declined for a second consecutive day in both global and domestic markets, reflecting a downward trend in international bullion rates.
In the global market, gold prices fell by $10 per ounce to $4,445, triggering a corresponding drop in local prices across Pakistan.
Following the decline, the price of gold in the domestic market decreased by Rs1,000 per tola, bringing it down to Rs467,262. Meanwhile, the price of 10 grams of gold dropped by Rs858 to Rs400,601.
Silver prices also recorded a slight decrease. In the international market, silver stood at $69.70 per ounce. Locally, the price of silver per tola fell by Rs30 to Rs7,454, while 10 grams of silver declined by Rs26 to Rs6,390.
Market analysts attribute the continued decline to fluctuations in global commodity markets and easing demand pressures, although volatility remains due to ongoing geopolitical tensions and economic uncertainty.
