KARACHI: Gold prices in Pakistan dropped on Wednesday, November 5, 2025, following a decline in the international market. The rate of 24-karat gold fell by Rs1,000 to Rs419,362 per tola, compared to Rs420,362 on the previous day. The price of 10 grams of 24-karat gold dropped by Rs857, bringing it to Rs359,535. Additionally, 22-karat gold saw a decline of Rs678, settling at Rs329,585.
In the international market, gold prices decreased by $10, closing at $3,970 per ounce. Despite the drop in gold prices, silver remained steady. The rate of 24-karat silver in Pakistan remained unchanged at Rs5,022 per tola, and Rs4,305 per 10 grams. International silver prices also held steady at $47.60 per ounce, according to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).
The fluctuations in gold prices are influenced by global demand and investor caution due to economic and geopolitical uncertainty. Recent developments in digital financial tools, such as gold-backed Exchange-Traded Funds (ETFs), have opened the market to retail investors. These trends have made it easier for individuals, especially in regions like the Gulf, to invest in gold.
In Pakistan, gold continues to be a preferred investment asset, particularly due to ongoing economic challenges and the pressure on the rupee. Gold is seen not just as a commodity, but also as a reliable store of value and a hedge against inflation. As financial market volatility rises, many investors view gold as a safe-haven investment.
Gold’s role in both traditional and modern financial strategies continues to grow, especially as global economic and geopolitical conditions remain uncertain. Investors in Pakistan are increasingly turning to tangible assets like gold for stability and security in uncertain times.
