Gold Prices Drop Sharply in Pakistan Amid Global Decline

Web Desk | 4 hours ago

Karachi: Gold prices in Pakistan saw a significant drop on Wednesday, October 22, 2025, following a downward trend in the international market, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The price of 24-karat gold per tola decreased by Rs 7,538, closing at Rs 437,362, down from Rs 444,900 the previous day. Similarly, the rate for 10 grams of 24-karat gold fell by Rs 6,463 to Rs 374,967, down from Rs 381,430.

Internationally, gold also experienced a sharp decline, with the price falling by $85 per ounce to $4,150 from $4,235 a day earlier.

Meanwhile, the price of silver per tola dropped by Rs 151, settling at Rs 4,959, down from Rs 5,110.

Gold’s Role as a Safe-Haven Asset

Gold remains a trusted safe-haven asset, especially during times of inflation, economic uncertainty, and geopolitical instability. Known for its ability to preserve value and hedge against market volatility, gold continues to be a preferred investment choice for those seeking financial security.

Investment Trends and Gold’s Popularity in Pakistan

Despite fluctuations in the global market, gold remains a popular asset in Pakistan, where the currency faces pressure and economic instability continues. It is viewed not only as a commodity but also as a reliable store of wealth.

The growing popularity of digital finance tools such as gold-backed ETFs, mobile investment platforms, and fintech innovations has broadened access to global gold markets, particularly for retail investors in regions like the Gulf. These developments have opened up gold investing, which was once largely the domain of institutional investors.

In the face of market volatility, gold continues to be seen as a stable and secure investment, reinforcing its relevance in both traditional and modern financial strategies.

Read More:Gold prices drop in Pakistan

Gold prices in Pakistan dropped on Monday, following a similar downward trend in the global bullion market, according to data released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

As per the association’s latest figures, the price of gold per tola fell by Rs1,400, bringing it to Rs444,900 in the local market. Meanwhile, the rate for 10 grams of gold declined by Rs1,200, settling at Rs382,630.