On August 11, 2025, gold prices experienced a significant decline in both international and local markets. In the international bullion market, the price of gold per ounce fell by $36 to $3,361, which in turn affected domestic rates in Pakistan.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola dropped by Rs3,600, bringing it down to Rs358,800. Additionally, the price for 10 grams decreased by Rs3,086, resulting in a new price of Rs307,613.
Silver prices in the local market also experienced a decline, with the rate for per tola falling by Rs51 to Rs4,013 and the rate for 10 grams decreasing by Rs44 to Rs3,440. On the global stage, spot gold decreased by 1.1%, reaching $3,362.21 per ounce by 08:39 GMT, marking its highest point since July 23. Additionally, spot silver dropped by 1.1% to $37.89, platinum fell by 1.3% to $1,314.73, while palladium saw a slight increase of 0.4%, reaching $1,131.55, according to Reuters.
Read: FBR Amends 2025-26 Income Tax Rules For The None Fillers
The price drop reflects cautious investor sentiment amid global economic uncertainties and market volatility. Gold, traditionally a safe-haven asset, often fluctuates with geopolitical tensions and currency movements. In Pakistan, the rupee’s performance and economic pressures amplify the impact of global trends on local gold and silver markets.
The decline affects investors and consumers in Pakistan, where gold is a key asset for wealth preservation and jewellery. The falling prices may prompt strategic buying opportunities, though investors are advised to monitor global trends closely. The market’s response underscores gold’s role in financial planning during uncertain times.
The drop in gold and silver prices signals shifting economic dynamics, impacting investment decisions in Pakistan and globally. Staying updated on market trends is crucial for informed financial choices.