KARACHI – Gold prices in Pakistan witnessed another drop as prices moved down by Rs900 to Rs355,100 in line with international market.
Data shared by Saraffa Association shows 10 grams gold coming down by Rs771, bringing it down to Rs304,441. The drop follows a sharp decline recorded a day earlier, when gold prices fell by Rs3,000 per tola, closing Wednesday at Rs356,000.
Gold Rates in Pakistan
| Gold Type | New Price |
|---|---|
| Gold per Tola | 355,100 |
| Gold per 10 Grams | 304,441 |
Gold Price This Week
Starting at Rs351,500 on 9th July, the price steadily increased over the following days, reaching Rs354,700 on 10th July and Rs357,000 on 11th July. Although there was a slight dip on 12th July to Rs358,100, the price rose again to Rs359,700 on 14th July and held steady at Rs359,000 on 15th July.
| Dates | Price |
| 16-July | Rs356,000 |
| 15-July | Rs359,000 |
| 14-July | Rs359,700 |
| 12-July | Rs358,100 |
| 11-July | Rs357,000 |
| 10-July | Rs354,700 |
| 9-July | Rs351,500 |
On 16th July, the price slightly dropped to Rs356,000, indicating a mild correction after a consistent rise. Overall, the data reflects a strong market with minor fluctuations and a positive trend over the week.
In the international market, the price of gold slipped by $9, reaching $3,326 per ounce. This rate includes a premium of $20, as reported by APGJSA.
Silver prices also took a hit, with a decrease of Rs50 per tola. The new price of silver now stands at Rs3,964 per tola.