Gold prices drop sharply in Pakistan


Gold prices drop sharply in Pakistan

KARACHI: Gold prices in Pakistan fell for the second consecutive day on Tuesday after a sudden decline in the international markets.

In local bullion markets, the price of 24-karat gold per tola dropped by Rs10,700, bringing the new price to Rs459,462 per tola.

Likewise, the price of 10 grams of gold decreased by Rs9,174 to settle at Rs393,914.

In the international bullion market, gold prices recorded a sharp fall of 107 dollars on Tuesday, pushing the new global price down to 4,371 dollars per ounce.

Meanwhile, Pakistan witnessed significant fluctuations across various sectors in 2025, with some investors seeing substantial growth in their wealth despite ongoing economic challenges.

Among all assets, gold and the stock market emerged as the top performers, while traditional safe havens like real estate and the US dollar provided relatively modest returns.

According to a report by brokerage house Topline Securities, 10 grams of gold crossed the PKR 400,000 mark for the first time in the country. At the start of the year, gold was priced at around PKR 233,000 per 10 grams, climbing steadily to PKR 405,000 by December. On the global front, gold surged from USD 2,612 per ounce at the end of 2024 to USD 4,503 per ounce in December 2025.

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