{"id":48574,"date":"2026-04-21T09:04:33","date_gmt":"2026-04-21T09:04:33","guid":{"rendered":"https:\/\/ipp-news.com\/?p=48574"},"modified":"2026-04-21T09:04:33","modified_gmt":"2026-04-21T09:04:33","slug":"gold-silver-extend-declines-in-international-and-domestic-markets","status":"publish","type":"post","link":"https:\/\/ipp-news.com\/?p=48574","title":{"rendered":"Gold, silver extend declines in international and domestic markets"},"content":{"rendered":"<div>Gold and silver prices on Tuesday declined in both international and domestic markets, reflecting broader trends in the bullion trade.<\/p>\n<p>In the international bullion market, gold fell by $10 per ounce to settle at $4,778.<\/p>\n<p>In the local market, the price of gold per tola decreased by Rs1,000 to Rs500,162. Similarly, the price of 10 grams of gold dropped by Rs857 to Rs428,808.<\/p>\n<p>Silver prices also recorded a decline. The price per tola of silver fell by Rs59 to Rs8,358, while the rate for 10 grams of silver decreased by Rs51 to Rs7,165.<\/p>\n<p>Among other metals, spot silver fell 1.4% to $78.80 per ounce, platinum lost 0.8% to $2,072.22, and palladium \u200bwas down 0.3% at $1,547.25.<\/p>\n<p>Read:\u00a0Geopolitical friction drives gold down by Rs4,900<\/p>\n<p>On Monday, gold prices in Pakistan retreated significantly, tracking a sharp downturn in the international market as global investors navigated a volatile mix of geopolitical tensions and strengthening economic indicators.<\/p>\n<p>According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold per tola dropped by Rs4,900 to settle at Rs501,162.<\/p>\n<p>This correction effectively wiped out the gains seen during the previous session on Saturday, when prices had climbed by Rs4,500. Similarly, the 10-gram gold rate fell by Rs4,201 to reach Rs429,665, while silver shed Rs145 to close at Rs8,417 per tola.<\/p>\n<p>The domestic slump was a direct reflection of the global stage, where spot gold dipped 0.5% to $4,802.75 per ounce after hitting a one-week low of $4,736 earlier in the day.<\/p>\n<p>The primary catalyst for this fluctuation was the surge in the US dollar and rising benchmark 10-year Treasury yields. As the dollar hit a one-week high, gold became more expensive for international buyers, while higher yields increased the opportunity cost of holding non-yielding bullion.<\/p>\n<p>These shifts were exacerbated by renewed US-Iran tensions following the US takeover of an Iranian cargo vessel, an event that sent oil prices climbing by 5% and injected fresh uncertainty into markets.<\/p>\n<p>Market experts noted that while gold initially dipped due to the news of renewed friction, it managed a slight recovery to hold near the $4,800 mark.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Gold and silver prices on Tuesday declined in both international and domestic markets, reflecting broader trends in the bullion trade. In the international bullion market, gold fell by $10 per ounce to settle at $4,778. In the local market, the price of gold per tola decreased by Rs1,000 to Rs500,162. Similarly, the price of 10 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-48574","post","type-post","status-publish","format-standard","hentry","category-english-news"],"_links":{"self":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/48574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48574"}],"version-history":[{"count":0,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/48574\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}