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Gold rate drops Rs3,500 per tola in Pakistan

Local bullion market sees sharp decline in gold prices while silver gains Rs50 per tola.

Image: The Nation

Gold prices in Pakistan fell by Rs3,500 per tola in the local market, marking a notable decline in bullion rates.

Meanwhile, silver prices moved in the opposite direction, increasing by Rs50 per tola to Rs7,329.

The contrasting movements came as traders monitored developments in international precious metals markets and changes in investor sentiment.

Gold and silver rates in the local market continue to track global price trends as well as movements in the exchange rate.

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