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Gold prices in Pakistan dropped on the first business day of the week as international market influence the domestic rates, according to the All Pakistan Gems and Jewellers Association (APGJA).
The price of 24-karat gold dropped by Rs 3,300 per tola, bringing the new rate to Rs 430,362. Similarly, 10 grams of 24-karat gold decreased by Rs 2,829, now trading at Rs 368,966. The rate of 22-karat gold also dropped by Rs 2,593 to Rs 338,231.
Silver prices followed the same downward trend. 24-karat silver down by Rs 27 per tola, reaching Rs 5,097, while 10 grams of silver discouraged by Rs 24 to Rs 4,369.
In the international market, the price of gold decreased by $33 per ounce, settling at $4,080, while silver loses $0.27 per ounce.
Analysts attribute the drop to global price corrections and shifting investor sentiment amid currency fluctuations and weaker market demand for other assets.
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Traders expect further volatility in the coming days as gold continues to respond to global economic cues and local currency dynamics.
A day earlier, gold prices in Pakistan rose sharply on Saturday as international market gains pushed domestic rates higher, according to the All Pakistan Gems and Jewellers Association (APGJA).
The price of 24-karat gold jumped by Rs 1,800 per tola, bringing the new rate to Rs 433,662. Similarly, 10 grams of 24-karat gold increased by Rs 1,543, now trading at Rs 371,795. The rate of 22-karat gold also climbed by Rs 1,414 to Rs 340,842.
Silver prices followed the same upward trend. 24-karat silver rose by Rs 57 per tola, reaching Rs 5,124, while 10 grams of silver advanced by Rs 49 to Rs 4,393.
In the international market, the price of gold surged by $18 per ounce, settling at $4,113, while silver gained $0.3 per ounce.
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Over the last four months, gold prices rose by Rs 86,000 per tola, reaching Rs 356,900 by June 2025, as imports remained completely halted amid tightening trade restrictions.
According to the Pakistan Bureau of Statistics, no gold imports were recorded in September 2025, marking the fourth consecutive month of zero inflows. The country’s domestic market has since struggled to meet consumer demand.
Year-on-year data reveals a 100 percent decline in gold imports during the first quarter of FY2025–26, compared to 55 kilograms imported during the same period last year. The last recorded import was in May 2025, totaling just 9 kilograms.
