Gold prices rebounded in Pakistan on Saturday, recovering a portion of the previous day’s losses as international bullion prices moved higher.
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold rose by Rs2,400 per tola to settle at Rs424,236.
The price of 10 grams of gold also increased by Rs2,057, taking it to Rs363,713.
The latest rise came a day after the domestic gold market witnessed a sharp correction. On Friday, the price of one tola had dropped by Rs3,600 to close at Rs421,836.
The upward movement in Pakistan mirrored gains in the international market, where gold climbed by $24 to $4,018 per ounce, including a premium of $20.
Silver prices also moved higher. The price of one tola of silver increased by Rs41 to reach Rs6,070.
The local gold market generally tracks global trends, with international bullion prices and the rupee-dollar exchange rate remaining the key factors influencing domestic rates.
PSX ends week in red
Meanwhile, the Pakistan Stock Exchange ended the previous trading session on a weak note as investors locked in profits after the market’s recent rally and reacted to disappointing external account figures.
The benchmark KSE-100 Index closed at 175,802.78, shedding 2,320.78 points, or 1.30 percent, after swinging sharply during the session. The index touched an intraday high of 178,694.48 before falling to a low of 175,790.62, reflecting heightened market volatility.
Investor sentiment weakened after Pakistan posted a current account deficit of $649 million in June, a sharp reversal from a $220 million surplus recorded in the same month last year and a $500 million surplus in May 2026. The figures raised fresh concerns about the country’s external sector and triggered broad selling across major sectors.
Trading activity remained strong, with 267.06 million shares changing hands in the KSE-100 Index.
Market breadth remained overwhelmingly negative, with 90 companies closing lower, 9 advancing, and one stock ending unchanged.
Among the biggest decliners were LOTCHEM, AICL, KTML, PSX and KEL, while HGFA, CNERGY, PGLC, FHAM and ATRL were among the session’s top gainers.
Heavyweight stocks including ENGROH, SYS, UBL, OGDC and PPL accounted for the largest drag on the benchmark index, while FFC, CNERGY and ATRL provided limited support.
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