KARACHI, Apr 7 — Gold prices in Pakistan declined on Tuesday, April 7, following a drop in international markets, reversing gains recorded a day earlier, according to the All Pakistan Sarafa Gems and Jewellers Association.
The price of 24-karat gold per tola fell by Rs3,000 to Rs488,462, while the rate for 10 grams decreased by Rs2,572 to Rs418,777, reflecting a broader correction in global bullion prices.
On the previous day, gold prices had increased, with 24-karat gold per tola rising by Rs1,100 to Rs491,462, indicating short-term volatility in the domestic market.
Gold prices hit Rs491,462 per tola in Pakistan on April 6 after global uptick
In the international market, gold prices dropped by $30 per ounce to $4,657, contributing to the downward movement in local rates.
Silver prices remained unchanged, with per tola rates holding steady at Rs7,744.
Gold prices in Pakistan typically track global trends, with international rates and currency movements influencing domestic pricing on a daily basis.
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