Gold Prices Drop Rs3,600 in Pakistan Amid Global $36 Decline

On August 11, 2025, gold prices in Pakistan experienced a sharp decline, with 24-karat gold per tola falling by Rs3,600 to Rs358,800, following a $36 drop in international gold prices to $3,361 per ounce. Similarly, the price of 10 grams of 24-karat gold decreased by Rs3,086 to Rs307,613, and silver prices also saw declines both locally and globally. The fall in prices is attributed to easing geopolitical tensions, reduced safe-haven demand, and global economic uncertainties, which have influenced investor sentiment worldwide. Despite the drop, market insiders in Pakistan expect the lower gold rates might boost domestic jewelry demand in the short term, while cautioning about the ongoing volatility tied to international developments and currency fluctuations. Concurrently, the Pakistan Stock Exchange showed positive momentum, with the benchmark index rising amid renewed investor confidence and improving macroeconomic indicators. The overall situation highlights gold's continuing role as a key asset for wealth preservation amid fluctuating global and domestic economic conditions.