Gold Price Falls in Pakistan as International Market Slips
The gold price drops significantly in Pakistan, following a global downturn. In the local market, the rate per tola fell by Rs 7,538. That brings the new local price to Rs 437,362.
According to the All‑Pakistan Gems and Jewellers Sarafa Association (APGJSA), the 10‑gram gold price also declined. It reached Rs 374,967 after losing Rs 6,463.
International Slide and Local Impact
Meanwhile, the international gold rate slipped. It stood around $4,150 per ounce with a $20 premium. That reflected a loss of $85 in the global market.
The silver price dropped too. In Pakistan, silver per tola fell by Rs 151 to reach Rs 5,110.
Globally, signs of easing U.S.–China trade tensions weighed on gold. Investors also booked profits after the bullion’s record rally, and they await upcoming U.S. inflation data. As a result, spot gold dipped to about $4,109.19 per ounce at 02:36 GMT.
U.S. gold futures for December delivery rose slightly by 0.4% to $4,124.10 per ounce.
The gold price drops matter for everyday buyers and investors alike. For example, jewellers may adjust their rates and customers may delay purchases. In addition, the fall signals that global sentiment can ripple into Pakistan’s market quickly.
If the global data shifts or tensions escalate again, gold could rebound or fall further. Therefore, keeping an eye on both local and international rates helps you stay informed.
What to Do Now
Check daily updates from trusted sources like APGJSA and local market bulletins. If you plan to buy gold or invest, compare current and historical rates. Watch for cues such as inflation data or trade‑deal news.
In addition, consider your timing. Buying when prices dip might make sense, but weigh other factors like long‑term goals and costs. Stay inclusive — whether you’re a casual buyer or seasoned investor, the move affects everyone.
