Karachi, October 18, 2025 – Gold prices in Pakistan recorded a significant decline on Saturday, following a sharp fall in the international bullion market.
The price of 24-karat gold dropped by Rs10,600 per tola, settling at Rs446,300, compared to the previous record high of Rs456,900 in the local market.
Similarly, the price of 24-karat gold per 10 grams decreased by Rs9,088, bringing it down to Rs382,630 from the earlier rate of Rs391,718, according to the All Pakistan Gems and Jewellers Association (APGJA).
Market analysts attributed the steep decline in gold prices to the global market trend, where gold witnessed a notable downturn due to easing geopolitical tensions and a strengthening U.S. dollar. They said international investors are shifting toward other assets as trade uncertainties slightly subsided, causing gold prices to fluctuate in the past few sessions.
In the international bullion market, gold prices fell by $106 per ounce, closing at $4,252 compared to the previous day’s closing of $4,358. The recent slide indicates that global factors, including interest rate expectations and oil price movements, are influencing the local gold market.
Investors and jewellery buyers in Pakistan are now closely watching the market trend, anticipating whether this correction in prices will continue in the coming week or if the yellow metal will rebound amid renewed global economic concerns.