Gold prices fell significantly in Pakistan on Monday, offering some relief to buyers after recent highs.
According to Beyond Time News, the price of 24-karat gold per tola dropped by Rs 3,800, settling at Rs 479,962 compared to Rs 483,762 in the previous session.
Latest Gold Rates in Pakistan
The decline was also visible across other categories:
- 24K gold (10 grams): Down by Rs 3,257 to Rs 411,490
- 22K gold (10 grams): Fell by Rs 2,986 to Rs 377,212
This downward trend reflects changes in both local demand and international market movements.
Global Gold Market Update
In the international market, gold prices also moved lower. The price per ounce dropped by $38, reaching $4,576 from $4,614.
This global decline played a key role in pulling local prices down.
Read more:Gold Prices Drop in Pakistan as Global Bullion Market Turns Volatile
Silver Prices Also See Decline
Silver followed a similar trend:
- Silver per tola: Decreased by Rs 100 to Rs 7,914
- Silver (10 grams): Dropped by Rs 86 to Rs 6,784
Globally, silver prices slipped by $1, settling at $74.30 per ounce.
Market Outlook
Overall, both gold and silver prices showed a downward trend due to easing international rates. If global prices remain stable or continue to fall, the local market may see further adjustments in the coming days.
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