Gold prices in Pakistan remained unchanged on Thursday, according to the All Pakistan Sarafa Gems and Jewelers Association. The rate for 24-karat gold was reported at Rs. 349,300 per tola, showing no movement from the previous day.
Similarly, the price for 10 grams of 24-karat gold stood at Rs. 299,468, while 10 grams of 22-karat gold were valued at Rs. 274,522. Both rates remained stable.
The silver market also showed no fluctuations. Silver was traded at Rs. 3,380 per tola and Rs. 2,983 for 10 grams.
Internationally, the price of gold held firm at $3,309 per ounce. Silver prices in global markets also remained steady at $33.22 per ounce.
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Market analysts suggest that the steady rates reflect a cautious approach by investors amid uncertainty in the global economic landscape. In Pakistan, gold remains a popular choice for investment and savings, especially during times of inflation or currency devaluation.
Jewelers and traders across the country continue to monitor international trends, which play a significant role in determining local pricing. The stability in both gold and silver prices has brought temporary calm to the bullion market, which often sees rapid shifts based on geopolitical or economic developments.