KARACHI: The price of 24-karat gold per tola fell by Rs1,400 on Wednesday, August 20, 2025, bringing it down to Rs355,200 from Rs356,600 a day earlier, according to the All Pakistan Sarafa Gems and Jewellers Association.
Similarly, the rate for 10 grams of 24-karat gold slipped by Rs1,201 to Rs304,526, compared to Rs305,727 earlier. Prices for 10 grams of 22-karat gold also declined by Rs1,101, reaching Rs279,158 from Rs280,259.
Silver followed the same trend, with its per tola price falling by Rs96 to Rs3,935, while 10 grams dropped by Rs82 to Rs3,373.
In the global market, gold lost $14 and settled at $3,325 per ounce, down from $3,339, while silver dipped by $0.96, trading at $37.02 per ounce compared to $37.98 previously.
Gold continues to act as a safe-haven asset during times of inflation, economic uncertainty, and political instability.
Regarded as both a store of value and a means of exchange, it remains a preferred option for investors seeking security against market risks.
In recent years, digital platforms such as gold-backed Exchange-Traded Funds (ETFs), mobile trading apps, and fintech solutions have widened access to gold markets.
These innovations have allowed small-scale investors, particularly in regions like the Gulf, to participate in an area once dominated by large institutions.
The latest price changes mirror global demand patterns, reflecting cautious investor sentiment in the face of ongoing economic and political challenges.
In Pakistan, gold prices play a central role in shaping consumer choices and saving habits. With the rupee under pressure and economic conditions uncertain, many people view gold not only as a safe investment but also as a reliable option for personal and ornamental use.