Pakistan gold price drops by Rs1,900 per tola amid global market decline

Gold Jewellery in Pakistan

Karachi, December 9, 2025 – Gold prices in Pakistan fell on Tuesday as the local bullion market mirrored a downturn in international rates. The precious metal recorded a notable drop of Rs1,900 per tola, extending the volatility observed in recent weeks.

According to data shared by the All Pakistan Sarafa Gems and Jewelers Association (APSGJA), the price of 24-karat gold slipped to Rs441,862 per tola, down from the previous day’s closing rate of Rs443,962. Despite the decline, prices remain close to the historic peak of Rs456,900 per tola, reached on October 17, 2025.

Similarly, the price of 24-karat gold per 10 grams also registered a reduction of Rs1,629, settling at Rs378,825 compared to Monday’s Rs380,454.

Market analysts attribute the latest slide in domestic gold prices to persistent pressure in the global market. Ongoing geopolitical tensions and international trade uncertainties have kept gold trading volatile, influencing sentiment among investors worldwide.

Experts note that Pakistan, being a net importer of gold used in the jewellery industry, is highly sensitive to global price movements. Any fluctuation in international bullion rates quickly translates into changes in local prices.

In the global market, gold slipped by $19 per ounce, closing at $4,195 versus the previous level of $4,214, further reinforcing the downward trend.