Gold prices Pakistan today dropped again on Friday as the yellow metal continued its downward trend in both local and international markets.
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola fell by Rs. 2,000, reaching Rs. 431,862. The rate of 10 grams of gold also decreased by Rs. 1,714, settling at Rs. 370,252.
Just a day earlier, gold prices Pakistan had already slipped by Rs. 3,500 per tola, standing at Rs. 433,862 on Thursday. This consistent fall follows record-breaking highs seen earlier this month.
In the global market, gold prices also moved lower. The international rate was reported at $4,095 per ounce, including a $20 premium — marking a $20 drop for the day. Silver prices declined as well, with the per tola rate decreasing by Rs. 43 to Rs. 5,067.
Experts say the fall is linked to a stronger U.S. dollar and cautious investor trading ahead of key U.S. inflation data. Spot gold was down 0.2% at $4,118.68 per ounce at 0315 GMT, while U.S. gold futures for December delivery slipped 0.3% to $4,133.40 per ounce.
The market is now watching global trends closely, as this marks gold’s first weekly decline in ten weeks — a sign of shifting investor sentiment after months of record-breaking prices.
