Gold Prices Drop Below Rs446,000 in Pakistan After Global Market Fall
Gold prices in Pakistan dropped sharply on Saturday, October 18, 2025. The fall came a day after hitting an all-time high. According to the All Pakistan Sarafa Gems and Jewellers Association, 24-karat gold per tola fell by Rs10,600, closing at Rs446,300 from Rs456,900.
Similarly, the price of 10 grams of 24-karat gold slipped by Rs9,088. It settled at Rs382,630 compared to Rs391,718 the previous day. The decline mirrors a major dip in global gold prices.
In the international market, gold dropped by $106 per ounce, falling to $4,252 from $4,358. This global downturn directly impacted local rates, leading to a quick correction in Pakistan’s bullion market.
Why Gold Still Matters
Gold continues to serve as a safe-haven asset for investors. During inflation or economic uncertainty, many turn to gold for stability. It protects wealth and acts as a hedge against market volatility. Therefore, even with price drops, it remains a trusted choice.
In recent years, gold investment has become more accessible. Digital finance tools like gold-backed ETFs and mobile apps now allow easy participation. As a result, small investors can join a market once dominated by institutions.
The earlier surge in gold prices reflected global caution amid political and economic tension. However, the recent dip suggests a short-term correction rather than a long-term decline.
Pakistan’s Growing Interest in Gold
In Pakistan, economic challenges continue to drive people toward gold. The rupee’s weakness and rising inflation make gold a reliable store of value. Many families still view gold as a symbol of security and long-term wealth.
As markets remain uncertain, investors prefer tangible assets. Gold’s enduring appeal proves it remains vital in both traditional and modern investment strategies.
For now, experts expect prices to remain sensitive to global trends. Therefore, buyers and investors are watching the market closely.
