Gold Prices Fall in Pakistan After Reaching Record High
October 2, 2025 | 1:47 pm
Gold prices in Pakistan fell on Thursday, following the downward trend in the international market after hitting an all-time high earlier this week.
Local Market Update
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold per tola dropped by Rs. 2,500, bringing it down to Rs. 407,778.
Likewise, the rate of 10 grams of gold decreased by Rs. 2,144, with the new price standing at Rs. 349,603.
Just a day earlier, on Wednesday, gold prices had touched a record peak of Rs. 410,278 per tola after a sharp single-day rise of Rs. 3,500.
Global Gold Market Trends
In the international market, gold prices also slipped. The global rate was recorded at $3,865 per ounce (including a $20 premium), showing a decline of $25, according to APGJSA.
Silver Prices on the Rise
While gold eased, silver prices saw a modest increase in the local market. The price per tola of silver rose by Rs. 13, reaching Rs. 4,839.
Takeaway
Gold remains highly volatile in both local and international markets. Experts suggest that fluctuations are linked to changing global economic conditions, currency exchange trends, and investor sentiment.
