Karachi, February 25, 2025 – The price of gold in Pakistan experienced a decline of Rs 800 per tola on Tuesday, following a record high reached the previous day. This latest dip brings some relief to buyers after consecutive price hikes in the bullion market.
The price of 24-karat gold per tola decreased to Rs 308,700 from the previous day’s closing of Rs 309,500, which had marked an all-time high in the local markets. Similarly, the rate for 24-karat gold per 10 grams dropped by Rs 686, settling at Rs 264,660 compared to the prior closing of Rs 265,346 in domestic trading.
Market analysts and bullion experts have attributed this decline in gold prices to a dip in international markets. The gold market has remained volatile over the past few days, reacting to global economic factors and investor sentiments.
In the international market, gold prices fell by $8, with the precious metal trading at $2,940 per ounce, down from the previous day’s closing of $2,948. This fluctuation has had a direct impact on gold rates in Pakistan, influencing both wholesale and retail traders.
Gold traders in Pakistan are closely monitoring global trends, as any further shifts in international gold prices will directly affect local markets. Investors and jewelers remain cautious as they anticipate potential movements in gold rates in the coming days. With the price of gold per tola seeing frequent changes, buyers are urged to stay updated on the latest trends before making purchasing decisions.
Gold remains a preferred investment in Pakistan, with many viewing it as a hedge against inflation and economic uncertainty. Despite the recent dip, the demand for gold per tola continues to be strong, particularly with the wedding season driving purchases.
While prices have eased slightly, experts warn that gold rates may remain unstable in the short term, influenced by global economic conditions, interest rate policies, and the strength of the US dollar. Traders suggest that any significant decline or surge in international gold rates will determine the future price movements of gold per tola in Pakistan.