Gold Prices Fall for Second Straight Day in Pakistan as Per Tola Rate Drops by Rs2,500

Gold prices fall for second straight day in Pakistan as both local and international bullion markets recorded fresh losses. The latest drop reduced the price of one tola of gold by Rs2,500, bringing some relief to buyers after weeks of high prices.

According to the All Pakistan Sarafa Jewellers Association, the price of one tola of gold in the local market fell by Rs2,500 and settled at Rs434,936.

The price of 10 grams of gold also moved lower. It dropped by Rs2,143, taking the new price to Rs372,887. The decline in Pakistan followed another fall in the international bullion market, where gold prices continued to lose ground.

International Gold Prices Also Decline

Gold prices in the global market also recorded a noticeable decrease. The price of gold fell by $25 per ounce, bringing the international rate down to $4,125 per ounce.

Analysts say that movements in the global bullion market usually have a direct impact on gold prices in Pakistan. When international prices fall, local rates often follow the same trend after currency and import-related adjustments.

The latest decline reflects continued fluctuations in global precious metals markets, where investors closely watch economic data, interest rate expectations, inflation trends, and demand for safe-haven assets.

Local Gold Market Responds to Global Trend

Market experts believe that Pakistan’s gold prices largely depend on international market movements because the country imports most of its gold. Changes in global prices, along with exchange rate movements, directly affect the cost of gold in local markets.

As international prices weakened, jewellers across Pakistan adjusted their rates accordingly, leading to another reduction in domestic gold prices.

The latest decline comes as welcome news for consumers planning to purchase gold jewellery or make investment purchases. However, traders say that daily price movements remain common and buyers should continue monitoring market trends.

Second Consecutive Day of Price Cuts

This is the second straight trading session in which gold prices have fallen in Pakistan. At the start of the business week, the price of one tola of gold had already dropped by Rs1,100, while the price of 10 grams declined by Rs943. During that session, international gold prices also slipped by $11 per ounce, bringing the global rate to $4,174 per ounce.

The latest fall has extended that downward trend, with international prices now standing at $4,125 per ounce after another decline of $25. The combined reductions over two consecutive trading sessions have resulted in a significant drop in local gold prices.

Buyers and Investors Keep Watching the Market

Gold remains one of the most popular investment options in Pakistan, especially during periods of economic uncertainty. Many households also purchase gold for weddings and long-term savings, making daily price movements important for consumers and traders alike.

Although prices have declined over the past two days, market experts caution that gold remains highly sensitive to developments in the international economy. Factors such as central bank policies, inflation expectations, geopolitical events, and fluctuations in the US dollar can quickly change the direction of gold prices.

Investors are expected to keep a close eye on upcoming global economic data, which could influence bullion prices in the coming days.

For now, the latest Gold prices fall for second straight day in Pakistan offers temporary relief for buyers, while traders continue to monitor both international and domestic market conditions for the next price movement.