Gold prices recorded a significant decline in Pakistan on Friday, bringing noticeable changes across local bullion markets and drawing attention from buyers and investors.
According to the latest market rates, the price of 24-karat gold per tola dropped by Rs14,900 and settled at Rs438,036.
The decline also affected gold prices measured by weight in grams. As a result, consumers witnessed lower rates across multiple categories.
The latest movement comes after fluctuations in international precious metals markets, which continue to influence domestic pricing trends.
New Gold Rates Announced for Local Markets
Following the latest revision, the price of 10 grams of 24-karat gold declined by Rs13,410 and reached Rs374,205.
Similarly, the rate for 10 grams of 22-karat gold recorded a decrease of Rs12,190 and settled at Rs343,325.
The latest adjustment reflects changing global price trends and their direct impact on Pakistan’s bullion sector.
Although market movements can shift quickly, this decline has created fresh interest among people monitoring investment and jewellery purchases.
International Gold Prices Also Move Lower
At the international level, gold prices also registered a notable decline. The global gold rate dropped by $149 per ounce and reached $4,156.
International market performance often influences domestic prices because local gold rates are linked to global benchmarks and exchange movements.
Consequently, changes in overseas trading usually appear in Pakistan’s market within a short period.
Silver Prices Follow the Same Trend
Silver prices also moved downward alongside gold. The price of silver per tola decreased by Rs413 and settled at Rs6,946. Meanwhile, the rate for 10 grams of silver declined by Rs373 and reached Rs5,895.
International silver markets showed a similar trend. The global silver price fell by $4.13 per ounce and settled at $64.67.
What the Latest Price Movement Means
The latest drop in gold and silver prices reflects ongoing movement in international commodity markets. For buyers, lower rates may create opportunities for planned purchases.
At the same time, investors continue to monitor market direction before making further decisions.
Since precious metal prices remain sensitive to global developments, future adjustments may depend on upcoming international market activity and demand patterns.
