Gold prices in Pakistan recorded a steep decline on Thursday, September 11, 2025. The drop comes just a day after the precious metal had reached record highs both locally and internationally.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola fell by Rs4,100, bringing the new rate to Rs384,000. Similarly, the price of 10 grams of 24-karat gold decreased by Rs3,515, settling at Rs329,218.
The change in domestic rates closely followed the international market. Global gold prices dipped by $36 per ounce, now standing at $3,618. Analysts note that this international correction directly influenced the local market, which often mirrors global movements.
The decline also extended to silver. The price of a tola of 24-karat silver dropped by Rs32, reaching Rs4,326. This fall reflects broader shifts in precious metals, which are reacting to international market adjustments.
Experts suggest that global economic conditions and expectations around interest rate cuts in the United States have affected gold demand. A stronger US dollar and easing investor sentiment also contributed to the drop.
Gold and silver prices are closely watched in Pakistan, where many households and investors view these metals as a safe store of value. Sudden price changes have a direct impact on jewellers, buyers, and long-term investors who track the daily fluctuations.
While the current decline has caught attention, analysts say gold remains at historically high levels. Future prices will continue to depend on international trends, currency shifts, and local market conditions.
For background, you can also read how gold prices in Pakistan hit a record high on Sept 9, 2025.
