ISLAMABAD — Gold prices in Pakistan dropped by Rs3,400 per tola on Friday, March 6, following a decline in international bullion rates, according to market data from local traders.

The decline comes a day after the domestic market also recorded losses. On March 5, gold price falls Rs2,800 per tola in Pakistan, reflecting continued volatility in global precious metals markets and its impact on local prices.

Gold price falls Rs2,800 per tola in Pakistan on March 5

In the international bullion market, gold prices decreased by $34 per ounce, influencing rates in Pakistan’s local bullion markets. Following the latest adjustment, the price of one tola of gold fell to Rs533,762.

Similarly, the price of 10 grams of gold declined by Rs2,915, settling at Rs457,614.

While gold prices moved lower, silver prices recorded gains. The price of silver increased by Rs104 per tola, reaching Rs8,914.

Likewise, the rate for 10 grams of silver rose by Rs89 to Rs7,642 in the local market.

Bullion traders say changes in global markets often directly affect gold and silver prices in Pakistan, with local rates adjusting according to international trends and currency movements.