Overview
- Domestic 24‑karat gold fell by Rs2,400 per tola to Rs463,136 on Monday, according to rates issued by the All‑Pakistan Gems and Jewellers Sarafa Association.
- Global bullion declined by $24 per ounce to $4,406, a move that directly fed into the domestic price drop.
- Ten grams of 24K gold in Pakistan fell to Rs397,064 and silver also weakened to Rs7,059 per tola, showing the slump affected multiple precious metals.
- The Monday fall followed a prior Rs3,600 per tola reduction over the weekend, marking consecutive session declines and adding to near‑term market pressure.
- Analysts warned of continued short‑term volatility with technical support cited near $3,951 and possible upside to $4,645, and some outlets reported slightly different opening figures that reflect timing differences in intraday quotes.