Karachi, February 15, 2025 – Gold prices in Pakistan witnessed a significant drop on Saturday, with a notable decrease of Rs 4,700 per Tola, driven by a sharp decline in international markets.
This sudden plunge has stirred interest among investors and traders across the country.
The price of 24-karat gold per Tola fell to Rs 301,500, down from the previous day’s closing rate of Rs 306,200, which had been the highest level recorded in Pakistan. Similarly, the price of 24-karat gold per 10 grams saw a decline of Rs 4,030, closing at Rs 258,487 compared to Rs 262,517 a day earlier.
Market analysts have attributed this sharp decrease in gold prices to fluctuations in the international markets. The global gold market saw a drop of $50 per ounce, with prices falling from $2,933 to $2,883 within a day. This decline has directly impacted domestic gold rates, leading to the noticeable reduction in the price of gold per Tola.
Gold traders in Pakistan have expressed mixed reactions to the sudden change. While some see this as an opportunity to purchase gold at lower rates, others remain cautious, anticipating further fluctuations in the coming days. The gold Tola, a traditional unit of measurement in Pakistan’s bullion market, remains a crucial indicator of market trends.
The decline in gold prices per Tola has come as a surprise to many, especially considering the consistent upward trend observed over the past few months. Experts suggest that the dip may be temporary, influenced by global market dynamics and investor behavior.
As the gold Tola price adjusts to international market trends, consumers are advised to stay informed about daily market updates. This recent drop has sparked renewed interest in gold investments, particularly among those who had been waiting for more favorable rates.
In conclusion, the sharp decline of Rs 4,700 per Tola in gold prices has brought significant movement in Pakistan’s bullion market. With international factors at play, the gold Tola remains a key focus for traders and investors alike, as they navigate the evolving market landscape.