Karachi, July 7, 2025 – In a notable development for precious metal investors and jewelry buyers, gold prices in Pakistan saw a significant dip on Monday, aligning with a downward trend in the international market.
According to the latest update from local bullion traders, the gold prices for 24-karat Tola dropped by a sharp Rs2,500, bringing the new rate down to Rs353,000 per Tola. This marks a decline from the previous closing of Rs355,500, indicating renewed volatility in the global commodities space.
Similarly, gold prices for 24-karat per 10 grams fell by Rs2,143, settling at Rs302,640 in the domestic market, compared to the earlier rate of Rs304,783. The decline comes just months after Pakistan witnessed an all-time high in gold prices, when rates surged to Rs363,700 per Tola on April 22, 2025.
Market analysts and bullion experts pointed to falling international gold prices as the key reason behind the drop in Pakistan. On the global front, the price of gold slipped by $25 per ounce, closing at $3,310, down from the previous level of $3,335. This correction follows a wave of investor profit-taking and expectations of stabilizing interest rates worldwide.
For consumers in Pakistan, especially those planning weddings or investments, the reduction in gold prices brings a moment of relief. With the 24-karat Tola now trading at a comparatively lower rate, jewelers are witnessing a slight uptick in demand.
However, traders urge caution, as the market remains highly sensitive to global economic indicators and U.S. dollar fluctuations. Any geopolitical tensions or changes in monetary policy could reverse this decline quickly.
Despite the current dip, gold remains a safe-haven asset in Pakistan, and its long-term value continues to attract investors. Whether you’re looking to buy a single Tola or more, keeping a close watch on both local and international trends remains key in navigating the volatile gold prices market.