Following the global decline, domestic gold prices also moved lower while the price of 10 grams of 24-karat gold fell by Rs2,143 to Rs372,887
KARACHI:(UrduPoint/Pakistan Point News-July 7th, 2026) The price of 24-karat gold in Pakistan dropped to Rs434,936 per tola on Tuesday after falling by Rs2,500, marking the third consecutive day of decline in the local market amid a drop in international bullion prices.
Silver prices also continued their downward trend.
In the international bullion market, the price of gold declined by $25 per ounce to $4,125.
Following the global decline, domestic gold prices also moved lower. The price of 10 grams of 24-karat gold fell by Rs2,143 to Rs372,887.
Silver prices also registered a significant decrease in the local market. The price of silver per tola dropped by Rs120 to Rs6,559, while the price of 10 grams of silver decreased by Rs103 to Rs5,623.
The continued decline in domestic precious metal prices reflects the weakness in international bullion markets. Market analysts said fluctuations in global economic conditions and investor sentiment continue to influence gold and silver prices, with local rates adjusting in line with international market trends.
