Save Our Pak
Karachi (October 2, 2025): After a record increase, gold prices have now started to fall. Today, both in local and international markets, gold became cheaper. In the world market, gold went down by 25 dollars per ounce.
According to the All Pakistan Gems and Jewellers Association, the drop in global gold prices also affected Pakistan, where local prices came down.
After this international decline, the price of gold in Pakistan dropped by 2,500 rupees per tola, making the new rate Rs. 407,778 per tola.
The Association also reported that the price of 10 grams of gold decreased by Rs. 2,144, bringing it down to Rs. 349,603. Meanwhile, in the international market, gold is now at $3,865 per ounce after a $25 drop.
It is important to note that gold is traditionally seen as a safe investment. Its value usually rises during times of inflation, political uncertainty, or economic crisis.
For centuries, gold has been used as both currency and wealth. Whenever investors feel unsure about other assets, they often turn to gold for safety.
In Pakistan, last year, the method of setting gold prices was changed. Now, the rate of gold in the country is fixed at $20 higher per ounce compared to the international market rate.
Reported by Save Our Pak
