Gold price drop today has drawn strong attention in Pakistan as the yellow metal continued its downward trend for the third day. The latest fall comes after several sharp increases earlier this week. The consistent drop has surprised both buyers and investors who closely follow gold rates.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola fell by Rs1,700 on Thursday. The new price now stands at Rs441,462. The rate of 10 grams of 24-karat gold also decreased by Rs1,457, bringing the latest price to Rs378,482. Meanwhile, 10 grams of 22-karat gold dropped by Rs1,336 and is now available at Rs346,954. This steady decline reflects growing market pressure and international gold trends.
The international market also recorded a fall. Global gold prices slipped by $17, settling at $4,191 per ounce. This global movement has played a major role in shaping Pakistan’s domestic gold market. The gold price drop today matches the pattern seen worldwide.
Silver prices also fell across Pakistan. The price of silver per tola declined by Rs85 and now stands at Rs6,000. Ten grams of silver dropped by Rs72 and is being sold for Rs5,144. International silver also showed weakness, falling by $0.85 to $57.28 per ounce.
Market watchers say the current trend may continue if global pressures remain. Investors are now watching both international bullion rates and local demand as the market adjusts.
