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The Nation

Pakistan gold prices slide as global bullion drops $24 to $4,150 an ounce

AI Market Summary
International bullion prices fell (gold down $24/oz to $4,150; silver down to $62/oz), and Pakistan’s local spot prices adjusted lower in tandem, highlighting swift pass-through from global benchmarks to domestic pricing. The move signals near-term softness in precious metals demand/pricing conditions rather than an idiosyncratic local shock, with spillover mainly limited to regional physical markets and sentiment.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT-0.76%
AI Insight · NCCOGOLD2USD/USDTAI Insight
▼ Bearish
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International gold prices fell $24 in a single day to $4,150 per ounce, while silver dropped 37 cents to $62 per ounce. Tracking the move, Pakistan’s 24K gold price fell by Rs2,400 per tola to Rs437,436 and by Rs2,058 per 10 grams to Rs375,030. Silver prices in Pakistan also eased, with per-tola rates down Rs37 to Rs6,679 and 10-gram rates down Rs31 to Rs5,726.
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