Gold prices in Pakistan declined sharply on Friday, with the price of 24-karat gold falling by Rs2,700 per tola amid easing trends in international bullion markets.
According to data released by the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola dropped to Rs494,062 compared to the previous day’s closing price of Rs496,762.
Gold Prices in Pakistan Continue to Fluctuate
Bullion market experts said the decline in Pakistan gold prices was linked to softer trends in global markets.
They noted that international gold prices have remained volatile in recent weeks due to geopolitical tensions and ongoing global trade disputes.
Despite the latest decline, gold prices in Pakistan remain historically elevated. The domestic bullion market had recorded an all-time high of Rs572,862 per tola on January 29, 2026.
Gold Price Per 10 Grams Also Declines
The price of 24-karat gold per 10 grams also recorded a decrease on Friday.
According to market data, gold prices per 10 grams fell by Rs2,315 to Rs423,578, compared to the previous closing level of Rs426,893 in local markets.
International Gold Prices Ease
In international markets, gold prices declined by $27 per ounce.
The global bullion rate settled at $4,717 per ounce, down from the previous day’s closing level of $4,744 per ounce.
Market analysts said easing investor concerns and fluctuations in global economic conditions contributed to the decline in international gold prices.