Gold prices in Pakistan took a downturn on March 8, 2025, shedding Rs1,000 per tola to settle at Rs306,000, the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) reported.
The Pakistan Gold Price Drop mirrors a dip in international markets, offering a breather after Friday’s Rs3,000 spike to Rs307,000. With traders and buyers on edge, the shift underscores gold’s volatile dance this week.
The APGJSA pegged 10 grams at Rs262,345, down Rs858, aligning with a global nudge. Internationally, gold hit $2,910 per ounce, a $11 drop from Friday’s peak, despite a $20 premium reflecting mixed signals. Friday’s Rs3,000 surge had pushed Pakistan’s per-tola rate to Rs307,000, but Saturday’s pullback hints at profit-taking or softer demand. Silver joined the slide, easing Rs12 to Rs3,388 per tola, rounding out a quieter day for precious metals.
Read: Gold Prices in Pakistan Soar to Rs307,000 Per Tola
The Pakistan Gold Price Drop follows a rollercoaster Friday’s climb ,trailed a $28 global uptick to $2,921 per ounce, only to soften now. Economists tie the international dip to currency swings or easing investor jitters, though Pakistan’s market often lags global cues due to local buying patterns. For a nation where gold’s a cultural and financial anchor, Rs306,000 per tola could sway jewelers’ stocks and savers’ plans. Will prices hold steady or dip further?
The Pakistan Gold Price Dropped Rs1,000 to Rs306,000, tracking global wobbles at $2,910/oz.