Pakistan’s interbank gold rates saw a modest decrease on Saturday, with the price of 24-karat gold falling by Rs300 per tola to Rs362,400, according to the All Pakistan Sarafa Gems and Jewellers Association.

Silver prices also experienced a slight dip, reflecting cautious market sentiment.

Gold and Silver Prices

• The price of 24-karat gold per tola decreased by Rs300 to Rs362,400.

• The 10-gram 24K gold rate dropped by Rs257 to Rs310,699.

Internationally, gold prices remained relatively steady at $3,397 per ounce, with a minor increase of $3.

Silver prices mirrored this trend, with the following changes:

• The 24-karat silver tola declined by Rs9 to Rs4,064.

• International silver prices decreased slightly to $38.31 per ounce, down by $0.09.

Market Outlook

This slight decline in local gold and silver prices aligns with stable but cautious international bullion markets and minor fluctuations in currency exchange rates.

Market analysts suggest that these small adjustments indicate temporary consolidation amid ongoing global economic uncertainties.