Gold prices in Pakistan continued moving lower on Tuesday as local rates followed weakness in international markets.
The latest decline added to recent market pressure and pushed prices down for another session. In the local market, the price of gold per tola dropped by Rs4,100 and settled at Rs424,836.
At the same time, prices for smaller quantities also recorded a noticeable decline. The continued movement reflects changing trends in both domestic and global bullion markets.
10-Gram Gold Also Records a Decline
The decline extended beyond per tola pricing and affected other trading units as well.
According to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association, the price of 10 grams of gold reached Rs364,228 after falling by Rs3,515.
The latest adjustment follows a decline recorded during the previous trading session.
On Monday, gold prices had already moved lower when the per tola rate dropped by Rs2,300 and settled at Rs428,936.
As a result, the market has now recorded consecutive sessions of downward movement.
International Market Also Moves Lower
The local market decline came alongside softer international gold prices. Globally, the price of gold fell by $41 and reached $4,024 per ounce, including a premium of $20.
International price movements often influence domestic market rates because local pricing remains linked to global trends.
Therefore, fluctuations in international markets can quickly affect local buying and selling activity.
Silver Moves in the Opposite Direction
While gold recorded another decline, silver moved upward during the same period. The price of silver increased by Rs25 and reached Rs6,349 per tola. This contrast highlighted different market movements across precious metals during the day.
For now, traders and consumers continue monitoring both international developments and local market conditions as price trends evolve.
