KARACHI: Gold Prices in Pakistan moved lower on Wednesday, with both per gram and per tola rates recording modest declines, according to data compiled by FXStreet.

The price of gold fell to Rs35,946.63 per gram, down from Rs35,991.97 recorded on Tuesday. The decline reflected softer movements in international bullion markets, which continue to influence local prices.

Similarly, the price of one tola of gold dropped to Rs419,265.20, compared with Rs419,803.30 a day earlier, marking a decrease of Rs538.10 per tola.

More than 100 words into the market update, Gold Prices remained under pressure as traders monitored global precious metal markets and currency movements. Local gold rates are generally derived from international gold prices and the exchange rate between the US dollar and the Pakistani rupee, although prices may vary slightly across domestic markets.

Latest Gold Rates

The latest gold prices in Pakistan were reported as:

• 1 Gram: Rs35,946.63
• 10 Grams: Rs359,465.50
• 1 Tola: Rs419,265.20
• 1 Troy Ounce: Rs1,118,090.00

Global Trends Influence Local Market

FXStreet calculates gold prices in Pakistan by converting international gold prices into Pakistani rupees using prevailing USD/PKR exchange rates.

The published figures serve as reference prices, while actual rates offered by local bullion markets and jewelers may differ slightly depending on market conditions.

Market participants continue to monitor international economic developments, currency fluctuations and global investor sentiment, all of which play a key role in determining the direction of gold prices in Pakistan.