Gold price in Pakistan witnessed a notable decline on Monday, reflecting weaker domestic demand and a pullback in international bullion markets. According to the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA), prices of both gold and silver moved lower, marking one of the sharpest single-day drops in recent weeks.
The decline comes at a time when investors are closely tracking global gold movements, currency fluctuations, and expectations around international interest rate trends.
Gold Price in Pakistan Today: Latest Rates
The gold price in Pakistan for 24-karat gold fell by Rs5,500 per tola, bringing the new rate down to Rs470,162 per tola compared to Rs475,662 recorded in the previous trading session.
On a gram basis, 24-karat gold per 10 grams was sold at Rs403,088, reflecting a decrease of Rs4,715. Meanwhile, 22-karat gold also recorded a decline and was quoted at Rs369,510 per 10 grams.
These price adjustments highlight short-term volatility in the domestic bullion market, influenced largely by international price corrections.
Gold Price in Pakistan: Day-on-Day, Monthly, and Year-to-Date Trend
From a broader perspective, despite the daily decline, gold price in Pakistan continues to show strong performance over longer timeframes.
On a day-on-day basis, gold prices dropped by Rs5,500 per tola. However, over the past one month, gold prices have still increased by approximately Rs26,000 per tola, reflecting strong investor demand during recent weeks.
Looking at fiscal performance, gold prices have surged by nearly Rs119,962 per tola so far in the current fiscal year, while calendar year-to-date gains stand at an impressive Rs197,562 per tola. This reinforces gold’s role as a hedge against inflation, currency depreciation, and economic uncertainty in Pakistan.
Silver Prices in Pakistan Also Record Decline
Alongside gold, silver prices in Pakistan also moved lower during the session. The price of 24-karat silver per tola declined by Rs332, settling at Rs8,075, compared to Rs8,407 previously.
Similarly, silver per 10 grams fell by Rs284 and was quoted at Rs6,923.
Despite the daily drop, silver has still posted gains of Rs2,166 over the past month, while fiscal year-to-date and calendar year-to-date increases stand at Rs4,293 and Rs4,725, respectively.
Global Gold Prices Weigh on Gold Price in Pakistan
The decline in gold price in Pakistan closely mirrors global trends. In international markets, spot gold traded near $4,475 per ounce, down by $51.3 or 1.13% from the previous session.
This drop in global prices was driven by profit-taking, shifts in investor sentiment, and cautious positioning ahead of key economic indicators and central bank signals. Since Pakistan’s bullion market is directly linked to international gold prices and exchange rate movements, global weakness tends to transmit quickly into domestic rates.
Market Outlook: What’s Next for Gold Price in Pakistan?
Market analysts believe that while short-term corrections are possible, the medium-to-long-term outlook for gold price in Pakistan remains supportive. Persistent inflationary pressures, currency volatility, and geopolitical risks continue to strengthen gold’s appeal as a safe-haven asset.
However, investors are advised to monitor global interest rate expectations, movements in the US dollar, and international gold demand trends, as these factors will play a decisive role in shaping prices going forward.