Gold prices in Pakistan remained at Rs467,936 per tola after a major decline in international bullion prices. The sharp correction in the global market pushed domestic gold rates significantly lower.
The price of 24K gold per 10 grams also recorded a major decrease. It fell by Rs12,946 to reach Rs401,179 in the local market.
The latest decline comes after gold prices had remained at elevated levels in recent weeks. The sharp correction has now brought some relief for buyers following the recent rally.
Gold Rates in Pakistan
| Gold Category | Rate |
|---|---|
| 24K Gold – 1 Tola | Rs467,936 |
| 24K Gold – 10 Grams | Rs401,179 |
| 22K Gold – 1 Tola | Rs426,250 |
| 21K Gold – 1 Tola | Rs406,875 |
The decline in Pakistan followed a major correction in the international gold market. Global gold prices dropped by $151 per ounce to $4,454.
International bullion prices play an important role in determining gold rates in Pakistan. Major movements in global markets are generally reflected in domestic prices.
The latest fall represents a notable shift after gold remained near record levels during the recent rally. Investors and buyers are now closely watching international markets for signs of further changes.
The local gold market can also be influenced by movements in the Pakistani rupee against the US dollar. Changes in the exchange rate may affect domestic prices alongside international bullion trends.
Silver prices also declined in the domestic market. The price of silver dropped by Rs397 per tola, bringing the latest rate to Rs7,112 per tola.
The decline in both gold and silver reflects the broader correction seen in precious metals. Market participants are now assessing whether the latest fall will continue or if prices will stabilise.
Lahore Gold Market Rates
| Category | Rate |
|---|---|
| Piece | Rs465,000 / Rs464,000 |
| Pathoor | Rs459,500 / Rs457,500 |
| 22K Gold | Rs426,250 |
| 21K Gold | Rs406,875 |
| Tezabi – Sell | Rs7,150 |
| KG Bar – Sell | Rs7,200 |
The weekend drop marks a significant correction from the high gold prices seen in recent days. Buyers who had been waiting for a decline may now closely monitor the market for further changes.
However, gold prices can remain volatile due to changing international market conditions. Any further increase or decrease in global bullion prices could quickly affect rates in Pakistan.
Investors are particularly focused on whether international gold will continue to decline after the latest $151-per-ounce drop. Further weakness could push domestic rates lower.
On the other hand, a recovery in global bullion prices could quickly support another increase in Pakistan. Currency movements will also remain an important factor for local buyers and investors.
For now, 24K gold is available at Rs467,936 per tola, while the 10-gram rate stands at Rs401,179. Silver is trading at Rs7,112 per tola after its latest decline.
Market participants will continue monitoring international bullion prices in the coming days. The next major movement in global markets could determine whether Pakistan’s gold prices fall further or begin recovering from the latest correction.
Also read: Gold Price in Pakistan Today
