Gold Prices Tumble in Pakistan for 2nd Day as Global Trends Shift

By Sabica Tahira ⏐ 2 months ago ⏐

2 min read

Gold prices in Pakistan continued their downward trend for the second consecutive day, reflecting losses in the global bullion market amid a stronger dollar and cautious investor sentiment.

According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-carat gold fell by Rs. 1,400 per tola, bringing it down to Rs. 444,900, while 10 grams of 24-carat gold declined by Rs. 1,200, settling at Rs. 381,430.

Updated Gold & Silver Prices

Type	Price (PKR)	Change (PKR)
Gold 24K per Tola	444,900	-1,400
Gold 24K per 10g	381,430	-1,200
Gold 22K per 10g	349,656	-1,100
Silver per Tola	5,261	-12
Silver per 10g	4,510	-10

In the international market, gold prices dropped by $17 to $4,235 per ounce, as investors shifted toward dollar-backed assets ahead of key global economic data releases. Similarly, silver prices declined by $0.26, trading at $51.60 per ounce.

Market Insights

Analysts attribute the recent decline to profit-taking and global economic uncertainty, as traders anticipate potential interest rate adjustments by major central banks.

“The gold market is facing short-term corrections driven by global monetary tightening and currency strength, though long-term fundamentals remain bullish,” said a local bullion trader.

With volatility in both global and local markets, experts suggest that prices could continue to fluctuate in the coming days.

Gold rates, Pakistan Economy

Sabica Tahira

Experienced Content Writer & Creative Strategist
I am an experienced writer passionate about creating engaging, research-driven content across technology, AI, fintech, and cryptocurrency. My goal is to inform, inspire, and connect audiences through impactful storytelling while helping brands build trust and a strong digital presence.