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The Nation

Pakistan gold price drops Rs4,600 per tola to Rs427,436

AI Market Summary
Gold prices fell sharply in Pakistan's local market alongside a $46/oz drop internationally to $4,050, signaling near-term pressure across precious metals. Silver also declined both locally and globally, reinforcing a broader risk-off tone in metals. The synchronized move suggests the driver is global pricing rather than idiosyncratic local demand, with potential spillover into related commodity and inflation-sensitive positioning.
Impact level
● Medium
Affected assets
NCCOGOLD2USD/USDT+0.23%
AI Insight · NCCOGOLD2USD/USDTAI Insight
▼ Bearish
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Gold prices in Pakistan fell sharply in a single day, with 24K gold down Rs4,600 per tola to Rs427,436. Spot gold also eased internationally, falling $46 to $4,050 per ounce. Silver prices declined as well, with local silver down Rs61 per tola to Rs6,309 and international silver down $0.61 to $58.30 per ounce.
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