Karachi, August 11, 2025 – The price of gold in Pakistan witnessed a sharp drop on Monday, plunging by Rs3,600 per Tola in the local bullion markets, following a steep decline in global rates.
According to data released by market dealers, the price of 24-karat gold per Tola closed at Rs358,800, compared to the previous closing of Rs362,400. Earlier this month, gold in Pakistan had touched an all-time high of Rs364,900 per Tola on July 23, 2025, amid heightened international uncertainty.
Similarly, the price of 24-karat gold per 10 grams dropped by Rs3,086, settling at Rs307,613 against the last closing of Rs310,699. Traders said that the fall reflects a direct impact of international price movements, where gold rates dipped sharply due to easing demand and shifting investor sentiment.
In the global market, gold prices dropped by $36, closing at $3,361 per ounce from the prior session’s $3,397. Analysts pointed to reduced safe-haven buying, easing geopolitical tensions, and ongoing tariff disputes between major economies as key factors behind the fall.
Market insiders in Pakistan believe that the decline in gold prices may boost domestic jewelry demand in the short term. However, they cautioned that gold remains a volatile asset, and its future trajectory will largely depend on international developments, currency fluctuations, and Pakistan’s own economic stability.