Gold prices decline by Rs2,300 per tola in Pakistan

KARACHI – The price of gold declined by Rs2,300 per tola in Pakistan on Thursday, according to the All Pakistan Gems and Jewellers Association. Following the latest adjustment, the price of gold in the local market has settled at Rs452,936 per tola after witnessing a downward movement in rates across the country. The association confirmed that the reduction reflects ongoing volatility in both domestic and international bullion markets. Similarly, the price of 10 grams of gold also recorded a decrease of Rs2,070, bringing it down to Rs387,615. The change indicates a broader weakening trend in precious metal prices during the trading session, affecting both retail and wholesale markets. In the international bullion market, gold prices also moved downward, with the rate falling by $23 per ounce to reach $4,305. The global decline has been linked to shifting investor sentiment and fluctuations in demand, which continue to impact gold valuations worldwide. The market observers noted that changes in international prices often directly influence domestic rates in Pakistan, as the local market is closely tied to global gold trading trends. Dealers said the latest drop has brought slight relief for buyers, though uncertainty remains due to frequent price movements. Gold prices in Pakistan today: 24K, 22K rates 18 June 2026