12:30 AM, 2 November 2025
Fetching weather...
Watch Live

Gold Prices Drop in Pakistan Amid Global Market Decline

Gravatar Avatar Web Desk | 5 hours ago
Gold Prices Drop in Pakistan

Karachi: Gold prices in Pakistan fell on Saturday, November 1, 2025, following a decline in international markets. The All Pakistan Gems and Jewellers Sarafa Association (APGJSA) reported a drop of Rs1,600 per tola for 24-karat gold. The new price for a tola of 24-karat gold is Rs422,562, down from Rs424,162 the day before.

Similarly, the price of 10 grams of 24-karat gold decreased by Rs1,372, settling at Rs362,278. The previous price had been Rs363,650. The decline in local gold prices mirrors a drop in the international market, where gold prices fell by $16 per ounce. Gold is now priced at $4,002 per ounce, down from $4,018.

The recent fluctuation in gold prices is linked to global demand and economic uncertainty. Gold-backed Exchange-Traded Funds (ETFs) and digital platforms have made it easier for retail investors to access global gold markets. This has contributed to shifting trends in gold investments, especially in regions like the Gulf.

In Pakistan, where economic instability continues, gold remains a popular investment. Due to the rupee’s weakness and inflation concerns, many Pakistanis turn to gold as a store of value. Gold’s status as a hedge against inflation makes it an attractive choice for investors during periods of financial uncertainty.

As global markets experience volatility, tangible assets like gold are seen as safe investments. This trend reinforces gold’s relevance in both traditional and modern investment strategies.

Read More : Gold Prices Drop Again in Pakistan Today

 Gold prices in Pakistan fell again on Friday, October 24, 2025, following the decline in international markets, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The price of 24-karat gold per tola dropped by Rs2,000 to Rs431,862, compared to Rs433,862 the previous day. Similarly, 10 grams of 24-karat gold fell by Rs1,714 to Rs370,252 from Rs371,966. Internationally, gold prices also declined by $20, falling to $4,095 from $4,115.

Read More:Gold Prices Decline in Pakistan

Experts say the global demand and cautious investor behavior amid economic and geopolitical challenges are influencing the drop in gold prices.

In Pakistan, gold remains a popular choice for both investors and consumers, serving as a reliable means of preserving wealth. With market volatility increasing, tangible assets like gold continue to be viewed as secure investments.

 

TRENDING NOW
MUST WATCH
INNOVATION