On August 12, 2025, gold prices continued their downward trend in both international and domestic markets. In the international bullion market, the price of gold per ounce decreased by $5, reaching $3,356.
In Pakistan, the price of 24-karat gold fell by Rs500 per tola, bringing the total to Rs358,300. Additionally, the price for 10 grams dropped by Rs429, resulting in a new price of Rs307,184, according to the All Pakistan Sarafa Gems and Jewellers Association.
Spot gold experienced a slight increase of 0.2%, reaching $3,349.13 per ounce by 09:04 GMT, while U.S. gold futures for December remained steady at $3,398.90. Other metals also posted gains: spot silver rose by 0.6% to $37.81, platinum increased by 0.8% to $1,336.84, and palladium climbed by 1.5% to $1,152.68. These fluctuations reflect investor caution in response to global economic signals.
Read: Gold Prices Drop in Pakistan and Globally on August 11, 2025
The recent price drop occurred after a significant decline on August 11, which was influenced by uncertainty regarding potential U.S. tariffs on imported gold bars and the anticipation of important inflation data that could affect the Federal Reserve’s decisions on interest rates, according to Bloomberg. Gold, being a safe-haven asset, is particularly responsive to geopolitical tensions and economic policies, which in turn influence investor behaviour both in Pakistan and around the world.
In Pakistan, where gold is a key investment and jewellery component, the price drop may spur buying opportunities amid economic pressures like a weakening rupee. Investors are advised to monitor global trends and U.S. policy updates closely, as these could further influence gold’s trajectory and financial planning.