Gold drops despite global gains on oil

The Express Tribune • Oct 28, 2026

Gold drops despite global gains on oil

Gold prices in Pakistan declined on Tuesday, falling Rs1,300 per tola, despite a recovery in international markets, where bullion gained nearly 1% as softer oil prices eased inflation concerns ahead of the US Federal Reserve's monetary policy decision. In the local market, gold prices settled at Rs422,136 per tola, while the price of 10-gram gold dropped Rs1,115 to Rs361,913, according to rates released by the All-P...