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Pakistan Gold Eases Rs1,400 Per Tola to Rs444,900 as Silver Slips

Dealers cite global bullion swings plus rupee volatility as drivers of the adjustment.

Overview

  • The All Pakistan Sarafa Gems and Jewellers Association set 24-karat gold at Rs444,900 per tola, down Rs1,400 from the prior session.
  • Ten grams of 24-karat gold fell Rs1,200 to Rs381,430, while 22-karat declined Rs1,100 to Rs349,656.
  • Silver prices softened, with 24-karat per tola down Rs12 to Rs5,261 and 10 grams down Rs10 to Rs4,510.
  • International references were mixed, with one benchmark noting gold at $4,235 per ounce, down $17, even as spot ticked up to about $4,259 and U.S. December futures rose to roughly $4,273.
  • City listings showed dispersion, including a higher Faisalabad quote near Rs456,900 per tola, after early-day postings had opened around Rs446,300.