KARACHI, February 26, 2025 – Gold prices in Pakistan witnessed a significant decline on Wednesday, dropping by Rs 2,400 per Tola as a result of bearish trends in the international bullion markets.
This downward movement in gold prices comes amid global economic uncertainty and fluctuating investor sentiment.
According to the latest figures from local gold markets, the price of 24-karat gold per Tola fell to Rs 306,300, compared to the previous day’s closing rate of Rs 308,700. This marks a sharp decrease in gold prices within a single trading session. Notably, gold prices in Pakistan had reached a historic high of Rs 309,500 per Tola just two days earlier on February 24, 2025.
Similarly, the price of 24-karat gold per 10 grams also experienced a decline, dropping by Rs 2,058 to settle at Rs 262,602, down from the previous day’s level of Rs 264,600. The consistent fluctuation in gold prices has kept investors and traders on edge, as the market remains highly sensitive to global developments.
Experts in the bullion market attributed the decline in gold prices to a broader downward trend observed in international markets. Analysts noted that geopolitical tensions, particularly concerning the Middle East, have led to volatility in gold prices, as investors weigh the impact of ongoing uncertainties.
The international gold market saw a decline of $24 per ounce, with prices slipping from $2,940 to $2,916 per ounce. This drop in global gold prices had a direct impact on Pakistan’s domestic gold rates, resulting in a noticeable fall in per Tola valuations.
Market analysts suggest that while gold prices have fallen today, the overall trend remains uncertain. Any further developments in global economic policies, inflation rates, and geopolitical conflicts could influence future movements in gold prices. Investors are advised to stay cautious and monitor international gold trends closely to anticipate potential fluctuations in per Tola rates.
As gold prices continue to shift, buyers and investors in Pakistan remain watchful, assessing the best opportunities to engage in the market amid ongoing changes in the per Tola price landscape.