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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.
