KARACHI: Gold prices edged lower on Thursday as the domestic market underwent a correction following a decline in international bullion values, traders said.
According to the All Pakistan Sarafa Gems and Jewellers Association, the local market lost Rs600 per tola and Rs515 per 10 grams, retreating to Rs462,336 and Rs396,378, respectively.
World bullion market traded gold at $4398 per ounce, falling by $6 while silver was selling for $66.45, seeing a negligible decline of $0.17, the association added.
Following the global downtrend, local silver prices inched down by Rs17 and Rs15, settling at Rs7124 per tola and Rs6107 per 10 grams, respectively, it cited.
It is worth noting the open market may sell gold and silver at prices differing those announced by the association which links them to the interbank exchange rates.
Copyright Business Recorder, 2026