Gold prices in Pakistan slipped today in tandem with a decline in international bullion markets, reflecting cautious investor sentiment.

In the global market, the price of gold dropped by around $11 per ounce, settling near $3,339, which immediately echoed across the local market.

According to the All-Pakistan Gems and Jewellers Sarafa Association, the price of 24-carat gold per tola fell by Rs 1,100, bringing it down to Rs 356,600.

Similarly, the rate for 10 grams of gold decreased by Rs 943, trading at Rs 305,727.

In contrast, silver prices remained at Rs4,031 per tola and 10 grams at Rs3,455.

The contrasting trend between gold and silver highlights how global pressure primarily affected bullion markets while local silver demand and supply stayed balanced.

Market experts note that the dip in gold is tied directly to shifts in global valuations.

With international investors reallocating funds and speculators pulling back, demand for gold softened, pushing prices lower. Domestic traders, already sensitive to fluctuations in the global economy, mirrored these adjustments, causing a noticeable fall in the Pakistani market.

The sharp drop signals a temporary cooling in gold demand, with buyers closely watching whether prices will stabilize or continue to ease in the coming days.