Karachi, February 27, 2025 – Gold prices in Pakistan experienced a significant decline on Thursday, dropping by Rs 3,300 per tola due to a notable fall in international markets.
The price of 24-karat gold per tola decreased to Rs 303,000 from the previous day’s closing rate of Rs 306,300 in local markets.
This recent dip follows an all-time high of Rs 309,500 per tola recorded on February 24, 2025. Since reaching this peak, gold prices have fallen by Rs 6,500 per tola. Additionally, the price of 24-karat gold per 10 grams saw a decline of Rs 2,829, settling at Rs 259,773 compared to the previous day’s rate of Rs 262,602 in domestic markets.
Market analysts attributed the sharp drop in gold prices to bearish trends in the global bullion market. The international gold price decreased by $29 per ounce, closing at $2,887 from the previous day’s $2,916 per ounce. This downward movement in the international market has had a direct impact on gold prices in Pakistan.
Experts noted that fluctuations in the global economy, coupled with shifting investor sentiment, have led to volatility in gold prices. Traditionally considered a safe-haven asset, gold has recently faced selling pressure as investors sought alternative investment opportunities. This trend has further contributed to the decrease in gold prices per tola in Pakistan.
Despite the recent drop, gold remains a popular investment choice among local buyers. Traders in the bullion market suggest that gold prices could stabilize in the coming days depending on international market movements and local demand. Additionally, fluctuations in the rupee-dollar exchange rate play a crucial role in determining the local price of gold per tola.
With gold prices per tola witnessing rapid shifts, investors and consumers alike are closely monitoring market trends. While short-term declines offer opportunities for buyers, long-term projections indicate that gold prices may recover if global economic conditions shift. For now, market participants remain vigilant, assessing international influences on gold prices per tola in Pakistan.