Gold price in Pakistan falls Rs800 per tola

Gold prices in Pakistan dropped on Tuesday, according to rates shared by the All-Pakistan Gems and Jewelers Sarafa Association. The 24-karat grade was quoted at Rs465,336 per tola after a Rs800 decline, while the 10-gram rate fell Rs686 to Rs398,950. Mettis Global reported that the 22-karat price also eased, standing at Rs365,717 per 10 grams.

Silver also declined in the domestic market, with 24-karat silver quoted at Rs7,129 per tola and Rs6,111 per 10 grams. Those moves equal drops of Rs50 per tola and Rs43 per 10 grams respectively.

Internationally, spot gold traded near $4,426 an ounce, sliding $25.9, or 0.58 per cent, from the previous session. Investors were weighing Middle East tensions against upcoming US jobs figures due by the end of the week, which could shape the Federal Reserve's policy outlook.