Saturday, April 4, 2026

Gold rates decline in Pakistan as global prices fall

Gold prices in Pakistan dropped on Wednesday, August 13, 2025, following a similar trend in the international market, according to the All Pakistan Sarafa Gems and Jewelers Association.

The price of 24-karat gold per tola fell by Rs200, closing at Rs358,100 compared to Rs358,300 in the previous session. Ten grams of 24-karat gold declined by Rs171 to Rs307,013 from Rs307,184, while 10 grams of 22-karat gold went down by Rs157 to Rs281,438 from Rs281,595.

Silver rates also edged lower, with per tola and 10 grams falling by Rs59 and Rs51 to Rs4,072 and Rs3,491, respectively.

In the international market, gold prices slipped by $2 to $3,354 from $3,356, while silver gained $0.59 to reach $38.39 from $37.80.

Gold has long been regarded as a safe investment, especially during inflation, political instability, and economic uncertainty.

Once primarily a store of value and a medium of exchange, it now draws investors seeking protection from market volatility.

With the rise of digital finance, such as gold-backed ETFs, mobile trading apps, and fintech investment platforms, access to gold markets has widened, allowing smaller investors, including those in the Gulf region, to participate in a field once dominated by large institutions.

The recent price movements mirror ongoing global demand and cautious market sentiment amid persistent economic and geopolitical challenges.

In Pakistan, gold prices play a key role in shaping investment trends and consumer choices. With the rupee facing pressure and uncertainty lingering, many continue to turn to gold for both wealth preservation and ornamental purposes.