Overview
- Pakistan’s bullion market bounced on Saturday after five straight declines, with 24‑karat gold up Rs2,300 to Rs493,162 per tola following Friday’s dip below the Rs500,000 mark.
- India’s retail gold prices were stable on Sunday at ₹15,404–₹15,419 per gram, while domestic silver hovered near ₹2.60 lakh per kilogram across major cities.
- Internationally, gold traded in the mid‑$4,700s per ounce and silver near $75–$76, reflecting a cautious tone after recent swings.
- Analysts say a firm US dollar and steady Treasury yields have limited gains for non‑interest‑paying metals, while tensions in West Asia keep safe‑haven interest in play.
- A jump in US consumer inflation expectations to 4.8 percent and the Federal Reserve’s April 28–29 meeting are seen as the next catalysts, which could sway wedding buyers in India and small savers in Pakistan through quick changes in local rates.