Gold prices rebounded on Friday after a sharp drop the day before. In local markets, the 24-carat gold per tola rose by Rs2,000 to Rs278,800. The price for 10 grams increased by Rs1,715, reaching Rs239,026.
Internationally, gold climbed by $21 per ounce, bringing the price to $2,683. This rise signals renewed investor confidence in gold after recent lows.
Meanwhile, silver prices held steady. The silver per tola remained at Rs3,300, with 10 grams unchanged at Rs2,829.21.
Gold Prices Drop on Thursday
Just a day prior, gold prices fell sharply. The 24-carat gold per tola dropped by Rs5,400 to Rs276,800. The 10-gram rate decreased by Rs4,630 to Rs237,311. Globally, the gold price per ounce declined by $65, setting it at $2,662.
These shifts highlight ongoing gold market volatility as investors respond to changing conditions.