Gold Prices in Pakistan Fall by Rs.1,000 per Tola — 24K & 22K Rates Edge Lower

The price of gold in Pakistan registered a modest correction on Friday as 24-karat bullion fell by Rs. 1,000 per tola, according to the All Pakistan Sarafa Gems and Jewelers Association. The association reported the 24K per-tola rate at Rs. 357,100, down from Rs. 358,100 on the previous trading day. ProPakistani

Key price moves

• 24K (per tola): Rs. 357,100 (down Rs. 1,000 from Rs. 358,100). ProPakistani
• 24K (10 grams): Rs. 306,155 (down Rs. 858 from Rs. 307,013). ProPakistani
• 22K (10 grams): Rs. 280,652 (down Rs. 786 from Rs. 281,438). ProPakistani
• Silver (per tola / 10 grams): Rs. 4,072 / Rs. 3,491 — no change reported. App

On the international front, global gold prices were slightly softer, with spot rates trading in the low-$3,300s per ounce in recent sessions — live bullion charts and market data show the same near-term dip that influenced local pricing. KitcoWorld Gold Council

What this means for buyers and sellers

The correction is relatively small and consistent with routine market fluctuations. For retail buyers, the drop offers a slight breathing room, particularly for those purchasing in larger quantities (per tola). For jewelers and traders, such daily moves are typically absorbed into margins, markups and hedging strategies.

Why prices moved (short view)

Short-term gold movements are commonly driven by international macro cues — such as US economic data, dollar strength and bond yields — which make bullion more or less attractive as a safe-haven asset. Recent economic prints and market reactions have put pressure on bullion, contributing to the modest pullback seen this week. ReutersKitco

Practical tips for readers

• If you’re buying gold as an investment, define whether you’re aiming for short-term gains or long-term preservation — small daily swings are normal.
• Compare rates across reputable local dealers and watch for processing/premium charges that add to the effective price.
• If you’re selling, get multiple quotes and check the official association rates versus retail offers.

Bottom line

Friday’s movement — an Rs. 1,000 decline per tola for 24K — represents a modest market correction rather than a dramatic shift. Watch international spot prices and local demand drivers for the next moves.