Gold prices in Pakistan saw massive drop, as bullion moved down by Rs10,400 per tola amid broader decline in the international bullion market. With the latest drop, the price of 24-karat gold is now recorded at Rs340,500 per tola, while the 10-gram rate stands at Rs291,880.
This sharp decline comes as global gold prices retreated by $18 per ounce, with international rates settling at $3,325, inclusive of a $20 premium.
Today Gold Rates
| City | Gold (Per Tola) | Gold (Per 10 Grams) |
|---|---|---|
| Karachi | Rs340,500 | Rs291,880 |
| Lahore | Rs340,500 | Rs291,880 |
| Islamabad | Rs340,500 | Rs291,880 |
| Peshawar | Rs340,500 | Rs291,880 |
| Quetta | Rs340,500 | Rs291,880 |
| Sialkot | Rs340,500 | Rs291,880 |
| Hyderabad | Rs340,500 | Rs291,880 |
| Faisalabad | Rs340,500 | Rs291,880 |
Gold 22k Rate in Pakistan
| Gold Rate | 22K Gold |
| Per Tola Gold | 319,641 |
| Per 10 Gram Gold | 274,046 |
Market experts suggest that the sharp fall in gold prices could attract buyers back into the market, especially as local demand had cooled due to the previously high rates. However, they also caution that ongoing fluctuations in global markets could continue to influence domestic prices in the short term.
With geopolitical uncertainties and economic data continuing to shape global investor sentiment, further movements in bullion prices are expected in the coming days.
