Karachi, October 28, 2025 — Gold prices in Pakistan witnessed a sharp decline on Monday, bringing relief to buyers and investors after weeks of steady highs. According to data released by the All Pakistan Gems and Jewellers Association (APGJA), the price of 24-karat gold dropped by Rs. 4,000 per tola, settling at Rs. 226,500.
The fall in domestic prices follows a global decline in gold rates, driven by a strengthening US dollar and easing geopolitical concerns. Analysts say reduced international demand and a stable rupee have also contributed to the drop in local markets.
Traders reported increased footfall in jewelry markets as buyers rushed to take advantage of the lower rates ahead of the wedding season.
However, experts cautioned that volatility could continue depending on global economic indicators and fluctuations in the dollar rate.
