Gold prices moved lower in Pakistan’s local bullion market on Saturday, with silver also recording a decline. The price of 24-karat gold fell by Rs2,100 per tola on September 26, bringing the latest rate to Rs450,936.
Meanwhile, the price of silver also dropped as precious metals recorded a downward trend in the local market.
Gold Price Falls to Rs450,936 Per Tola
The price of 24-karat gold declined by Rs2,100 per tola during Saturday’s trading. As a result, one tola of 24-karat gold now costs Rs450,936 in Pakistan’s local bullion market.
The price of 24-karat gold also decreased for a 10-gram quantity. The 10-gram rate fell by Rs1,800, bringing the latest price to Rs386,604.
The latest figures reflect a decline in gold prices compared with the previous rate.
Silver Price Also Declines
Silver prices also followed the downward trend in Pakistan’s local bullion market. The price of silver decreased by Rs60 per tola on Saturday.
Following the latest reduction, silver now stands at Rs6,903 per tola. The latest gold and silver rates were released by the All Pakistan Sarafa Gems and Jewellers Association.
Latest Gold and Silver Rates in Pakistan
The latest local bullion market prices are as follows:
| Precious Metal | Latest Price | Change |
|---|---|---|
| 24-karat Gold per tola | Rs450,936 | Down Rs2,100 |
| 24-karat Gold per 10 grams | Rs386,604 | Down Rs1,800 |
| Silver per tola | Rs6,903 | Down Rs60 |
Therefore, both gold and silver recorded lower prices in Pakistan on September 26.
The latest movement puts the 24-karat gold rate at Rs450,936 per tola, while silver stands at Rs6,903 per tola.
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