Gold prices in Pakistan continue to experience volatility, with the domestic bullion market witnessing another notable decline today.
According to the All Pakistan Gems and Jewellers Association, the price of gold per tola dropped by Rs 5,000, bringing the new rate down to Rs 426,562—a reflection of the ongoing trend of sharp ups and downs in recent days.
Similarly, the price of 10 grams of gold also registered a substantial decrease, falling by Rs 4,286 to reach Rs 365,708. Market analysts link this downward movement to the persistent pressure in the international gold market, which has been affected by global economic uncertainties.
In the international market, gold also saw a decline of 50 dollars per ounce, bringing the global price down to 4,042 dollars. Experts suggest that fluctuations in the value of the US dollar and shifting global financial conditions are key factors driving the instability in gold prices worldwide.
