Gold Prices Drop in Pakistan but Remain High
Gold prices in Pakistan fell by Rs. 2,100 per tola to Rs. 450,936 after international rates declined. The 10-gram price also dropped by Rs. 1,800 to Rs. 386,604. The decline followed a sharp increase on Friday, and silver prices also fell.
The All-Pakistan Gems and Jewellers Sarafa Association reported Saturday's decline. Gold per tola decreased by Rs. 2,100, reaching Rs. 450,936, while 10 grams fell Rs. 1,800 to Rs. 386,604. This came after Friday's rise of Rs. 4,700 per tola, which had taken the rate to Rs. 453,036.
Internationally, gold slipped $21 to $4,263 an ounce. Silver also moved lower in Pakistan, dropping Rs. 60 to Rs. 6,903 per tola. The local adjustment therefore followed overseas movement, though the metal remained costly.
The decline may offer limited relief to households planning weddings or buying jewellery, since gold remains expensive. Consumers could delay purchases, choose lighter pieces, or turn to silver, while investors and savers may keep watching international rates before deciding. Jewellers and traders might see cautious demand rather than a strong rebound, with affordability still shaping spending decisions across income groups.