After experiencing consecutive declines, gold prices in Pakistan showed stability on Thursday, remaining unchanged in the local market.
According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola stood at Rs239,200.
The 10-gram gold was also unaffected, maintaining its price at Rs205,075, mirroring the steady trend observed in the precious metal market.
This halt in price movement comes after a notable decrease of Rs800 per tola witnessed on Wednesday, indicating a brief respite for investors and buyers alike.
Internationally, the rate of gold remained steady on Thursday, with APGJSA reporting a price of $2,312 per ounce, accompanied by a premium of $20, reflecting the stability observed in the global gold market.
In parallel, silver rates also remained stable at Rs2,620 per tola in the local market, further adding to the sense of stability in the precious metals sector.
Notably, last month, gold reached an all-time high of Rs252,200 per tola in the local market, underscoring the volatility and sensitivity of the precious metals market to various economic and geopolitical factors.
