After a sharp decline on Friday, gold prices in Pakistan saw a recovery on Saturday. According to the All Pakistan Sarafa Gems and Jewellers Association (APGJSA).
The price of 24-karat gold rose by Rs 7,000, settling at Rs 526,962. This followed a massive drop of Rs 8,600 on Friday, when it was sold for Rs 519,962.
Silver Prices in Pakistan
Contrary to the rising gold trend, silver recorded a decline on Saturday.
Per Tola: The price of 24-karat silver decreased by Rs 105, reaching Rs 8,219.
10 Grams: The rate for 10 grams of silver fell by Rs 90 to settle at Rs 7,046.
International Market Trends
The local price adjustments were driven by a rebound in the global bullion market:
Gold: The international price per ounce increased by $70, climbing back to $5,042 (including a $20 premium).
Silver: Globally, silver dipped by $1.05, trading at approximately $77.35 per ounce.
