In the international bullion market, the price of gold eased by $86 per ounce to $4,972, reversing some of this week’s gains.
In Pakistan’s local market, gold prices also retreated: the price of gold per tola fell by Rs8,600 to Rs519,962, while the 10‑gram gold rate dropped by Rs7,373 to Rs445,783.
Silver prices slipped as well, with the per tola rate declining by Rs501 to Rs8,324 and the 10‑gram price falling by Rs430 to Rs7,136.
Read more: Banks cut export refinance rate to 4.5%
Traders attributed the weakness to profit‑taking and softer demand after recent volatility in global markets.
On Thursday, gold prices remained steady in both global and domestic markets. International spot gold held unchanged at about $5,058 per ounce, while in Pakistan, the price per tola and per 10 grams stayed around Rs528,562 and Rs453,156, respectively.
Silver, however, showed modest gains on Thursday, with the per tola rate rising by Rs90 to Rs8,825 and the 10‑gram rate climbing by Rs78 to Rs7,566, reflecting softer demand for gold but continuing interest in silver.
Analysts say bullion markets remain sensitive to broader economic data and investor sentiment, with gold often reacting to risk‑off flows and interest‑rate expectations.