KARACHI: Gold prices in Pakistan driped, tracking a downward trend in the international bullion market amid shifting geopolitical developments.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola dropped by Rs 1,200 to settle at Rs 498,962, compared to Rs 500,162 in the previous session.
Similarly, the price of 10 grams of 24-karat gold fell by Rs 1,029 to Rs 427,779, while 10 grams of 22-karat gold declined by Rs 943 to Rs 392,145.
In the world market, gold prices eased by $12 per ounce, settling at $4,766 compared to $4,778 a day earlier.
Silver prices also witnessed a decline. In the local market, silver per tola dropped by Rs 34 to Rs 8,324, while 10 grams of silver fell by Rs 29 to Rs 7,136. International silver prices decreased by $0.34 to $78.40 per ounce.
