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Gold Price in Pakistan Drops as Global Market Weakens

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Gold Price in Pakistan Drops as Global Market Weakens

Gold prices in Pakistan fell at the start of November 2025. The drop came as international rates declined due to stronger global currencies and cautious investor sentiment.
According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24 karat gold decreased by Rs1,600 per tola. It now stands at Rs422,562 in the local market. Similarly, the price of 10 grams of 24 karat gold dropped by Rs1,372 to Rs362,278.

Local Market Update

The price of 10 grams of 22 karat gold also slipped by Rs1,257 to Rs332,100. Analysts link this downward movement to international market pressure.
Globally, gold prices fell by $16 per ounce to close at $4,002. The decline came as investors turned cautious, expecting limited moves from the US Federal Reserve. Stronger global currencies further weighed on prices.
Silver followed a similar pattern. The price of 24 karat silver per tola dropped by Rs65, reaching Rs5,127. Likewise, 10 grams of silver were sold at Rs4,395 in the domestic market.

Previous Gold Rate

Just a day earlier, gold prices in Pakistan had risen. On Friday, the per tola rate increased by Rs5,300, reaching Rs424,162. This surge followed gains recorded in the international market.
Throughout October, gold prices in Pakistan showed strong momentum. The metal rose by Rs17,384 per tola, climbing from Rs406,778 at the beginning of the month. However, the new month has started with a correction in both local and global prices.
In the international market, gold lost 1 percent on Friday. The uncertainty over potential US Federal

Reserve rate cuts added pressure.

Despite this dip, gold still managed a third consecutive monthly gain. Spot gold slipped 0.6 percent to $4,001.74 per ounce by late trading hours. Meanwhile, US gold futures for December delivery settled 0.5 percent lower at $3,996.5 per ounce.
As a result, experts expect some volatility in the coming days. However, long-term investors remain optimistic due to continuing global economic uncertainties.

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