On the first trading day of the week, gold prices in Pakistan maintained stability while witnessing a slight uptick in the global market.
According to data provided by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the local market reported no change in the price of gold per tola, standing firm at Rs228,200.
Similarly, the rate for 10 grammes of gold remained unchanged at Rs195,645.
This follows a notable decline in gold prices observed in the previous session, where rates plummeted by Rs4,200 per tola.
However, on Monday, the international market witnessed a modest increase in gold prices. With a premium of $20, the global rate of gold rose by $2, settling at $2,187 per ounce, as reported by APGJSA.
Meanwhile, silver rates in the domestic market remained stable at Rs2,580 per tola, showing no significant fluctuations.
The consistent performance of precious metals in Pakistan reflects a steadiness in the market amid global economic dynamics.
The stability in gold prices locally, coupled with the marginal gain in the international market, underscores the cautious sentiment prevailing among investors amidst evolving geopolitical and economic factors.
