The price of 24-karat gold holds at Rs437,836 per tola, while domestic and international silver prices record declines.

KARACHI: Gold prices remained unchanged in Pakistan’s local market on Thursday, with the price of 24-karat gold standing at Rs437,836 per tola, according to rates issued by the All Pakistan Sarafa Gems and Jewellers Association.

Similarly, the price of 10 grams of 24-karat gold remained stable at Rs375,373, while 10 grams of 22-karat gold continued to trade at Rs344,104.

In the international market, gold prices also remained unchanged at $4,153 per ounce, the association reported.

Meanwhile, silver prices declined in the domestic market. The price of silver fell by Rs212 per tola to Rs6,148, while the rate for 10 grams decreased by Rs182 to Rs5,270.

International silver prices also registered a decline, falling by $2.12 to $56.70 per ounce, according to the association.

The latest rates reflect stability in domestic gold prices alongside downward movement in silver prices in both local and international markets.

Gold and silver prices are closely monitored by investors, jewellers and consumers across Pakistan, particularly amid fluctuations in international bullion markets and currency exchange rates. Market participants are expected to watch global price movements and changes in the rupee’s value for potential effects on local bullion rates in the coming sessions.