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Pakistan Gold Prices Drop Rs4,700 to Rs455,562 as Global Bullion Slides

APGJSA blames a $47 global slide alongside currency moves for the local pullback.

Overview

  • The 10-gram gold rate fell by Rs4,030 to Rs390,570, according to APGJSA.
  • International gold was quoted at $4,332 per ounce as reports highlighted a sharp session decline.
  • Silver also weakened, with the per tola price down Rs106 to Rs7,756.
  • The fall followed Friday’s jump of Rs5,700 per tola to Rs460,262, highlighting rapid price swings.
  • Traders expect moderate near-term fluctuations as APGJSA continues daily rate updates across major cities.