Karachi, June 10, 2025 – Gold prices in Pakistan witnessed a significant drop on Tuesday, falling by Rs6,100 per Tola in response to sharp declines in international markets.
This marks one of the most notable single-day falls in recent months, affecting both investors and jewelers across the country.
According to data released by local bullion traders, the price of 24-karat gold fell to Rs352,300 per Tola from the previous closing of Rs358,400. This decline reflects a broader trend in global bullion markets, where uncertainty and shifting geopolitical dynamics continue to exert downward pressure on precious metal valuations.
Gold prices in Pakistan had previously reached an all-time high of Rs363,700 per Tola on April 22, 2025, driven by global market fears, currency depreciation, and increased demand from retail investors. However, the recent correction signals a potential shift in investor sentiment.
Similarly, the price of 24-karat gold per 10 grams also dropped by Rs5,230, closing at Rs302,040 compared to the earlier rate of Rs307,270. This downward adjustment in prices is consistent across major cities in Pakistan, including Karachi, Lahore, Islamabad, and Peshawar, as dealers and buyers adjust to global fluctuations.
Bullion market experts in Pakistan pointed to a $61 per ounce drop in the international gold price, which fell from $3,400 to $3,339, as the key factor behind the local decline. They noted that recent developments in global geopolitics, along with stronger-than-expected US economic data, have reduced safe-haven demand for gold, leading to price corrections worldwide.
“The fall in international markets has had a direct impact on gold prices in Pakistan,” a senior bullion analyst commented. “While domestic demand remains steady, especially ahead of the wedding season, global price pressures are overpowering local trends.”
Gold continues to be a popular asset in Pakistan, both for investment and cultural reasons. However, with such price volatility, both investors and consumers are exercising caution. Analysts believe that if international prices stabilize, gold prices in Pakistan may recover in the coming weeks.
For now, the Rs6,100 per Tola drop has caught the attention of market participants across Pakistan, signaling a period of heightened uncertainty in the precious metals market.