KARACHI – Gold prices in Pakistan witnessed massive dip on Thursday, offering some relief to buyers after a recent streak of record highs.
According to the latest rates by Sarafa Association (APGJSA), the price of 24-karat gold dropped by Rs11,700 per tola, bringing the new rate down to Rs352,000. Similarly, the price for 10 grams of 24-karat gold saw a decrease of Rs10,031, now being sold at Rs301,783.
The rate for 22-karat gold also declined, with 10 grams priced at Rs276,644.
Today Gold Rates
| Gold | New Price | Change |
|---|---|---|
| 24-Karat Gold – Per Tola | Rs 352,000 | -Rs 11,700 |
| 24-Karat Gold – Per 10g | Rs 301,783 | -Rs 10,031 |
| 22-Karat Gold – Per 10g | Rs 276,644 | — |
Gold Price in Karachi, and Lahore
-
Karachi: Rs 352,000
-
Lahore: Rs 352,000
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Islamabad: Rs 352,000
-
Multan: Rs 352,000
-
Peshawar: Rs 352,000
This sudden drop in gold rates comes after several consecutive days of increases driven by global economic uncertainty, inflation concerns, and currency market volatility. While international trends still suggest a strong demand for safe-haven assets like gold, local market conditions and profit-taking may have contributed to the recent correction.
Analysts believe that market fluctuations are likely to continue as investors respond to both domestic and international economic signals.
