Karachi, November 12, 2025 – The price of gold in Pakistan registered a decline on Wednesday, as the yellow metal lost Rs1,000 per tola in the local market, according to data released by the All Pakistan Sarafa Gems and Jewelers Association (APSGJA).
Following the latest decrease, the price of 24-karat gold stands at Rs434,762 per tola, while the price of 10 grams of 24-karat gold dropped by Rs857, reaching Rs372,607.
In the international bullion market, gold prices also slipped by $10 per ounce, settling at $4,124 per ounce. The dip in global gold prices comes amid a stronger U.S. dollar and rising expectations that major central banks, including the U.S. Federal Reserve, may maintain higher interest rates for longer to control inflation.
Analysts note that investors are currently showing caution toward gold amid mixed economic indicators from the United States and Europe. Global demand for gold has softened slightly as higher yields on government bonds and a stable U.S. dollar make non-yielding assets like gold less attractive in the short term.
However, long-term sentiment remains cautiously positive due to ongoing geopolitical tensions, inflationary pressures, and uncertain global economic growth prospects. These factors could continue to influence gold’s position as a safe-haven asset in the coming weeks.
Meanwhile, silver prices in Pakistan moved in the opposite direction. The price of silver per tola increased by Rs81, reaching Rs5,434 in the local market.
Market observers believe fluctuations in precious metal prices will persist as investors balance between inflation concerns, currency movements, and central bank policies worldwide.