Gold prices fall for second day in global, local markets

Rate of gold per tola decreased by Rs3,600

Gold prices continued to fall in both international and local markets for the second consecutive day.

The price of gold in the international bullion market dropped by $36 per ounce, settling at $3,295.

Meanwhile, locally, the price of gold per tola decreased by Rs3,600, bringing it down to Rs347,900.

Similarly, the price of gold per 10 grams saw a reduction of Rs3,086, dropping to Rs298,268.

Spot gold was down by 1.6% at $3,289.93 per ounce, while U.S. gold futures dropped 2.3% to $3,287.80.

Elsewhere, spot silver slipped 1.4% to $32.88 per ounce, platinum fell 1.1% to $1,073.22 and palladium dropped 1.3% to $974.50.

On the other hand, the Pakistan Stock Exchange (PSX) ended nearly unchanged as investors took a cautious stance ahead of the FY26 budget, with the KSE-100 Index rising by over 100 points on Tuesday.

The index closed at 118,332.90, marking an increase of 111.78 points, or 0.09%.