Gold Prices Fall Rs1,400 Per Tola

Gold prices in Pakistan dropped sharply on Friday. The value fell by Rs1,400 per tola, hitting Rs432,436. A 10-gram gold bar also saw a steep decline, losing Rs1,200 to reach Rs370,744. These changes followed a big rise the day before, when gold prices jumped Rs3,600 per tola.

Market Shifts Trigger Decline

Dealers explained that local gold prices often match global trends. International bullion markets fell by $14 per ounce, closing at $4,100 with a $20 premium. This global drop directly impacted Pakistan’s gold rates. The APGJSA reported the decline after tracking market movements closely.

On Thursday, gold prices had surged to Rs433,836 per tola. But the upward trend reversed when global prices weakened. Analysts noted that gold and silver often move in opposite directions during trading sessions.

Silver Prices Rise Amid Mixed Trends

Silver showed a different pattern. Its price increased by Rs11 per tola, reaching Rs6,432. Market experts said investors are watching global economic changes and metal trends carefully. Silver’s gains contrast with gold’s drop, creating mixed signals in the market.

Dealers and buyers are adjusting strategies as prices shift. The APGJSA urged traders to monitor updates on international markets. Analysts warned that further changes could affect both gold and silver valuations in the coming days.