Karachi, December 3, 2025 – Gold prices in Pakistan continued their downward trend on Wednesday, marking the second consecutive day of decline following turbulent movements in global markets.
According to local bullion market reports, the price of 24-karat gold per tola dropped by Rs1,000, closing at Rs443,162, down from Tuesday’s Rs444,162. In terms of 24-karat gold per 10 grams, prices also fell by Rs858, settling at Rs379,939, compared to the previous day’s Rs380,797. Gold in Pakistan had previously touched an all-time high of Rs456,900 per tola on October 17, 2025.
Market analysts attributed the decline to ongoing uncertainties in global financial markets, influenced by geopolitical tensions, trade disputes, and fluctuations in investor sentiment. These factors have continued to create a volatile environment for precious metals worldwide.
On the international front, gold prices per ounce decreased by $10, ending at $4,208 compared to Tuesday’s $4,218, reflecting similar bearish trends in the global markets. Experts noted that traders are cautious amid currency fluctuations and macroeconomic concerns, which have directly impacted the domestic bullion market in Pakistan.
Bullion dealers and investors are closely monitoring global developments, as further fluctuations in the US Dollar, geopolitical events, and international trade relations could continue to influence gold prices in Pakistan. Despite the recent decline, gold remains a popular investment option for risk-averse investors seeking stability amid market uncertainties.
With the ongoing global volatility, analysts expect short-term fluctuations in Pakistan’s gold rates, urging buyers and sellers to stay informed before making transactions.