Gold prices in Pakistan witnessed a major decline today, bringing relief to buyers but caution for investors. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of gold dropped sharply in line with international market movements.
This is the second consecutive day of heavy losses in the local bullion market.
Gold Price Change – Quick Overview
| Details | Amount |
|---|---|
| Price Decrease (Today) | Rs 25,550 per tola |
| New Gold Price | Rs 511,862 per tola |
| Total Drop in 2 Days | Rs 61,000 |
| Friday’s Drop | Rs 35,500 |
Gold traders in Karachi confirmed strong selling pressure throughout the day.
Today’s Gold Rates in Pakistan
| Gold Type | Price |
|---|---|
| Gold (24K) – Per Tola | Rs 511,862 |
| Gold (24K) – 10 Grams | Rs 438,850 (approx.) |
Prices may slightly vary across cities depending on local market conditions.
International Gold Market Update
| Market | Rate |
|---|---|
| International Gold Price | $4,895 per ounce |
| Daily Change | ▼ $255 |
The global drop directly impacted Pakistan’s bullion market.
Why Did Gold Prices Fall Today?
Market analysts cite the following key reasons:
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Investors booked profits after recent record highs
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Stronger US dollar reduced gold demand
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Lower expectations of US interest rate cuts
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Shift of investors toward other financial assets
Despite global political tensions, gold lost momentum due to financial market signals.
Silver Prices Also Decline
Silver prices followed gold’s trend and dropped sharply today.
| Silver Type | Price |
|---|---|
| Silver – Per Tola | Rs 9,006 |
| Price Decrease | Rs 2,063 |
What Should Buyers & Investors Do?
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Jewelry buyers: This drop may offer short-term buying opportunities
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Investors: Market remains volatile; caution is advised
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Traders: Prices may fluctuate further based on global cues
Experts recommend closely watching currency movements and international economic updates before making decisions.
Summary
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Gold price dropped Rs 25,550 today
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New rate: Rs 511,862 per tola
-
Total fall in two days: Rs 61,000
-
Silver also declined sharply
-
Market remains volatile
This content is published for general information and awareness purposes. kixxoil.pk is an independent informational website and is not officially connected with any government authority or public institution. Readers are encouraged to confirm details directly from official sources before making any decisions.
