Karachi, November 20, 2025 – Gold prices in Pakistan witnessed a sharp decline on Thursday, falling by Rs5,000 per tola as international bullion rates moved downward. The drop reflects a broader cooling trend in global precious metal markets, influenced by shifting economic conditions and reduced investor demand.
According to the All Pakistan Sarafa Gems and Jewelers Association, the price of 24-karat gold per tola slipped from Rs431,562 to Rs426,562 in local markets. The latest decline comes just weeks after gold touched an all-time high of Rs456,900 per tola on October 17, 2025, marking one of the most volatile periods for bullion traders this year.
Similarly, the rate of 24-karat gold per 10 grams recorded a decrease of Rs4,286, closing at Rs365,708, compared to the previous day’s price of Rs369,994. Market analysts noted that domestic gold prices continue to track international trends closely due to Pakistan’s heavy reliance on global bullion imports.
Bullion experts attributed today’s downward movement to easing trends in the international gold market. They said that ongoing geopolitical tensions and uncertainty surrounding global trade agreements have kept prices unstable, prompting periodic sell-offs by investors seeking safer or more liquid assets.
In global markets, gold experienced a notable drop of $50 per ounce, closing at $4,042, down from $4,092 a day earlier. Analysts believe that fluctuating interest rate expectations and currency movements are likely to influence gold prices in the coming weeks.