Gold price drops in Pakistan due to global market trends

Gold price drops

Gold price drops locally amid global decline as international bullion rates slipped on Tuesday, pulling domestic prices lower across Pakistan.

Per tola fell by Rs1,600 to Rs354,700, while 10 grams declined by Rs1,372 to Rs304,098, according to market reports.

Global prices eased by $16 per ounce to $3,320. The slide fed directly into local quotations, with traders marking down retail rates in major cities.

Gold price drops locally amid global decline: per tola at Rs354,700, 10g at Rs304,098

Dealers linked the move to softer international demand, currency swings, and investors waiting for key economic indicators from major economies.

With uncertainty ahead of those data releases, many buyers stayed on the sidelines, adding to downward pressure.

In the local market, jewellers reported quieter footfall early in the day before some bargain buying emerged.

Retailers said most interest came from small ticket buyers looking to average down their cost.

For households planning a purchase, today’s lower quotes provide short term relief.

Rates can change quickly with shifts in the global market and the rupee’s exchange value, so shoppers often check live quotes before booking.

City‑to‑city differences remain normal due to freight, making charges, and purity verification costs.

Buyers typically confirm whether the posted rate applies to 24‑karat gold and ask for clear billing of making charges to avoid surprises at checkout.

If international prices stabilise and the currency holds steady, local rates may consolidate near current levels.

A further dip in global bullion or fresh currency moves could push domestic prices lower, while a rebound would lift quotes again.

Read more: Indian national arrested on UK flight for inciting violence while pretending to be Muslim

Leave a Reply

Your email address will not be published. Required fields are marked *

Blog Post

iPhone 15 Pro Max PTA Tax

iPhone 15 Pro Max PTA Tax in Pakistan 2025 Update

Bringing an iPhone 15 Pro Max to Pakistan? You’ll need to pay an iPhone 15 Pro Max PTA Tax to register it with the Pakistan ...
Steel Rate in Pakistan

Steel Rate in Pakistan Today: A Comprehensive Overview

Steel plays a crucial role in Pakistan’s construction and manufacturing sectors. It’s used extensively in building infrastructure, homes, and in the production of machinery. In ...