Gold Prices In Pakistan Continue to Fall
Gold Prices In Pakistan Continue to Fall have continued in 2025 following a sharp decline in both domestic and international markets after touching record-breaking highs earlier this month gold rates have now started showing a consistent drop as global prices stabilize and the U.S dollar strengthens this has come as a surprise for many investors who were expecting another rise in the yellow metal value.
In the local market the price of gold per tola fell by Rs. 2,000 settling at Rs. 431862 according to the All-Pakistan Gems and Jewellers Sarafa Association Similarly the 10-gram rate dropped by 1714 closing at 370252 this marks the second consecutive day of decline following a 3500 fall per tola recorded on thursday these fluctuations indicate how closely the Pakistani market is following international trends and currency shifts.
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| Category | Previous Price | Current Price | Change |
|---|---|---|---|
| Gold per Tola | Rs. 433,862 | Rs. 431,862 | ↓ Rs. 2,000 |
| Gold per 10 Grams | Rs. 371,966 | Rs. 370,252 | ↓ Rs. 1,714 |
| Silver per Tola | Rs. 5,110 | Rs. 5,067 | ↓ Rs. 43 |
| Global Gold Price (per ounce) | $4,115 | $4,095 | ↓ $20 |
Major Drop in Gold Rates Across Pakistan’s Local Markets
Gold traders across Pakistan have reported reduced customer activity due to the recent volatility in gold prices. In major cities such as Karachi, Lahore, and Islamabad, gold buyers and investors are watching the situation closely, hoping for prices to stabilize before making new purchases the drop of over Rs. 5,000 within two days has significantly affected trade volumes in local markets.
The All-Pakistan Gems and Jewellers Association noted that fluctuations in the global gold rate and the dollar value directly influence Pakistan’s local prices. With the international market witnessing a $20 loss per ounce, the local market had to adjust its rates accordingly. The association continues to monitor global movements to ensure that domestic rates remain aligned with international pricing trends.
Global Gold Prices Influence Pakistan’s Market Decline
Global gold prices have also shown a downward trajectory after weeks of continuous rise the international rate stood at $4,095 per ounce, including a $20 premium, reflecting a $20 loss in a single day analysts attribute this decline to a stronger U.S. dollar and cautious investor behavior ahead of the upcoming U.S inflation report. With the dollar gaining strength, gold’s value tends to weaken, as it becomes costlier for investors holding other currencies.
Spot gold was down by 0.2 percent at $4,118.68 per ounce, while U.S. gold futures for December delivery dropped to $4,133.40 per ounce. This marks the first weekly drop in nearly ten weeks, suggesting a shift in global sentiment. With gold losing around 3 percent in value this week, it has become one of the biggest weekly declines since mid-May, putting pressure on regional markets including Pakistan.
Key Reasons Behind the Fall in Gold Prices 2025
- Stronger U.S. dollar reducing global demand for gold
- Upcoming U.S. inflation report influencing investor behavior
- Reduced buying activity in local markets after record highs
- Global corrections following weeks of rapid price increases
- Profit-taking by investors after months of consistent gains
Latest Per Tola and 10-Gram Gold Rates by APGJSA
The latest update from the All-Pakistan Gems and Jewellers Sarafa Association has confirmed the current market standing the price per tola has decreased to Rs. 431,862, while the 10-gram rate has dropped to Rs. 370,252 these figures are significantly lower than the previous week’s record levels, reflecting how the international drop has rippled across Pakistan’s economy. Traders expect further adjustments if the dollar continues to gain strength globally.
The local gold market’s performance is also linked to demand patterns across urban and rural regions. In big cities, buyers are waiting for the market to settle before purchasing, while in smaller towns, the drop in rates has attracted some interest from new investors. However, the overall sentiment remains cautious as market experts warn of further volatility in the coming weeks.
Dollar Rate and Inflation on Gold Prices in Pakistan
One of the primary factors affecting gold prices in Pakistan is the changing value of the U.S. dollar. As the rupee stabilizes and the dollar strengthens globally, gold prices often experience a downward adjustment. This trend has been consistent over the past few months, as Pakistan’s currency markets have shown more stability than before, allowing the gold rate to move downward slightly.
Inflation also plays a key role in determining gold demand and pricing. When inflation rises, gold is seen as a safe-haven asset, but in recent weeks, improved inflation control and global market stability have reduced gold demand. This has allowed prices to cool off after months of continuous gains. Analysts believe that this correction was necessary to balance long-term investor sentiment.
International Market Trends and Gold Futures Performance
In the international arena, gold futures and spot prices have both experienced noticeable corrections. Spot gold prices have slipped for the first time in several weeks, and the futures market has reflected similar caution among investors. Many are holding back from large trades ahead of key economic indicators, such as U.S. inflation and employment data, which could influence gold prices globally.
The futures market shows limited activity, with investors taking a wait-and-see approach. Global economic analysts believe that gold might continue to face mild pressure if the dollar remains strong and central banks avoid large-scale monetary easing. However, long-term prospects remain steady, as gold continues to hold value during economic uncertainty.
Key Global and Local Market Insights
- Global spot gold dropped by 3 percent this week, the sharpest fall since May
- U.S. dollar index at a multi-week high, reducing gold demand
- Local market adjusted rates twice within 48 hours
- Gold prices may remain under pressure if global inflation slows
- Investors expect gradual stabilization in November 2025
Silver Prices Also Decline Alongside Gold
Along with gold, silver prices in Pakistan have also shown a downward pattern. According to the APGJSA, the price of silver per tola fell by Rs. 43, bringing it down to Rs. 5,067. Similarly, silver prices per 10 grams declined slightly, following a global dip in precious metal prices. The trend indicates that not just gold but the entire precious metals market is under the influence of global economic pressure.
Analysts note that silver often mirrors the direction of gold prices, as both are driven by similar investor behavior and international demand. The decline in silver rates suggests that industrial demand has also softened in recent weeks. Traders are expecting the silver market to follow gold’s lead, remaining low until the next global economic update.
Reaction of Pakistani Jewellery Market and Consumers
Local jewellers have reported a mix of relief and uncertainty with the ongoing decline in gold prices. While falling rates attract potential buyers, the unpredictability of the market discourages immediate large-scale purchases. Many jewellery shops in Karachi and Lahore have reported moderate sales, as consumers wait for a clear signal of stability before making high-value purchases.
The jewellery industry sees the current situation as an opportunity for long-term buyers. Those who have been waiting for prices to normalize may now enter the market, as gold is more affordable than it was just a few weeks ago. However, retailers continue to emphasize the importance of monitoring daily updates before committing to significant investments.
Future Gold Price Predictions in Pakistan 2025
Financial experts believe that gold prices in Pakistan will remain under mild pressure throughout the last quarter of 2025. The market is likely to experience gradual adjustments rather than sharp movements, depending on global inflation and dollar trends. If international conditions remain stable, Pakistan’s gold market may witness a slow recovery by the beginning of 2026.
In the long term, gold is still considered a safe investment for many Pakistanis. Experts recommend that small investors keep an eye on international rates and domestic economic policies to make better buying decisions. For now, gold’s decline has brought temporary relief to buyers but has left investors cautious about its unpredictable movements.
Key Takeaways From Pakistan’s Gold Market 2025
- Continuous price drop after record-breaking highs
- Silver prices also declined with gold’s fall
- Strong dollar and inflation control behind global correction
- Investors showing cautious sentiment across markets
- Expected slow recovery in early 2026 if stability continues
Conclusion
The gold market in Pakistan is currently undergoing a correction phase after an extended period of record-breaking growth this decline has balanced prices in line with international trends, offering some relief to local buyers however, the impact of global economic indicators, especially the U.S dollar strength continues to play a dominant role in determining the local gold rate.
For now, it is advisable for investors and buyers to stay updated through official market sources like the All-Pakistan Gems and Jewellers Association with global uncertainty still present short-term fluctuations are expected, but long-term demand for gold in Pakistan remains strong as the market continues to adjust, the current dip may offer valuable opportunities for those planning future investments.