Gold Price in Pakistan Drops Sharply Today – 24K Gold Per Tola Falls by Rs. 12,627 Amid Global Market Decline

Gold prices in Pakistan witnessed a significant drop on Wednesday as the bullion market recorded a sharp downward trend following a decline in international gold rates.

According to the latest update from the All Pakistan Sarafa Association, the price of 24-karat gold per tola in Pakistan decreased by Rs. 12,627, bringing the new rate to Rs. 442,436 per tola.

The fall in prices has been attributed to a major correction in the global gold market, where investors reacted to changing economic indicators and dollar fluctuations.

Gold Rate in Pakistan – 10 Grams Price Also Falls

In the local market, the price of 10 grams of gold in Pakistan also dropped significantly.

• 10 grams gold price decreased by Rs. 11,364
• New rate stands at Rs. 378,170

This sharp decline has impacted gold buyers, jewellers, and investors across major cities including Karachi, Lahore, and Islamabad.

International Gold Market Update

The global bullion market also saw a major downturn.

• Gold price fell by $126.27 per ounce
• New international rate recorded at $4,200 per ounce

Experts suggest that fluctuations in the US dollar and global economic uncertainty played a key role in the sudden price drop.

Silver Price in Pakistan Today

Along with gold, silver prices in Pakistan also declined in the local market.

• Silver price per tola dropped by Rs. 385
• New silver rate is Rs. 6,929 per tola

Why Gold Prices Are Falling in Pakistan?

Market analysts say the decline in gold rate in Pakistan today is linked to:

• Global market correction
• Strong fluctuations in the US dollar
• Reduced investor demand in international markets
• Profit-taking after recent price highs