Precious metals market in Pakistan witnessed mixed signals on Thursday, with gold prices remaining flat but silver recording a modest gain.
According to the All Pakistan Sarafa Gems and Jewellers Association, 24-karat gold per tola stayed unchanged at Rs388,600, while 10 grams were steady at Rs333,161.
Globally, gold mirrored this stability, with international prices standing firm at $3,668 per ounce. Traders attributed the lack of movement to cautious buying, as investors awaited developments on global economic conditions and monetary policies.
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In contrast, silver experienced a small but notable rise. The price of 24-karat silver per tola climbed by Rs31 to Rs4,418, while 10 grams reached Rs3,787.
Analysts highlighted that silver’s affordability compared to gold makes it an attractive option for investors seeking safer assets in uncertain times.
The divergent trends between gold and silver underline shifting investor strategies, with silver increasingly seen as a practical alternative. Experts expect both markets to stay sensitive to global economic news in the coming weeks.