The gold rate Pakistan today recorded a sharp fall as domestic prices declined in line with the global market. Traders said the drop surprised many buyers because rates had remained stable in recent days. The gold rate Pakistan today revealed a big cut in prices after the All Pakistan Sarafa Gems and Jewellers Association (APSGJA) issued the latest update on Tuesday.
Gold became cheaper across the country. The price of 24K gold per tola fell by Rs1,900, bringing it down to Rs441,862. This marked one of the biggest single-day drops this month. The gold rate Pakistan today also showed a decline in 10-gram prices. Gold 24K per 10 grams dropped to Rs378,825, down by Rs1,629. Similarly, 22K gold per 10 grams fell to Rs347,268, down by Rs1,494.
The fall followed a dip in the international gold price, which slid to $4,195, down by $19. Analysts say investors are reacting to global market pressure and changing expectations in international trade. This continues to impact the Pakistan gold price 24K and overall gold price today across local markets.
Silver prices, however, stayed stable. Silver 24K per tola stood at Rs6,102, while 10 grams remained Rs5,231. The global silver price also held firm at $58.30.
Local gold rates are calculated based on the interbank exchange rate, with 24K gold at 999 purity. Traders in the Karachi gold market expect further movement this week as global markets stay unpredictable.
