Overview
- Pakistan's bullion market logged a fourth straight drop Tuesday, with 24-karat gold at Rs477,862 per tola and silver at Rs7,849 after declines of Rs2,100 and Rs65.
- International prices weakened, with spot gold near $4,555 per ounce and silver in the low $70s, after rising crude lifted the dollar and U.S. Treasury yields.
- New Delhi bucked the global slide as silver jumped to Rs2,49,500 per kilogram on strong buying by jewellers and stockists, while 99.9% purity gold eased to Rs1,52,800 per 10 grams.
- Analysts tied the moves to uncertainty around U.S.–Iran tensions and noted gold’s near-term trading band around $4,640 to $4,524 with technical support near $4,400–$4,440.
- Local prices reflect global spot moves filtered through taxes and market demand, which can produce sharp differences such as Pakistan’s multi-day declines versus Delhi’s silver spike.