Gold prices in Pakistan dropped sharply on Sunday as both domestic and international markets experienced a significant correction. According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), 10 grams of 24-karat gold fell by Rs9,088 to Rs382,630, while the price of one tola declined by Rs10,600 to Rs446,300.
The steep fall came just a day after gold hit record highs[1], with a historic single-day increase of Rs12,089 per 10 grams and Rs14,100 per tola. Globally, gold prices fell by $106 per ounce to $4,252, following a $141 surge on Friday, triggering a widespread correction.
Gold Price in Pakistan (October 19, 2025)
| Type | Previous Price | Current Price | Change |
| 10 grams (24-karat) | Rs391,718 | Rs382,630 | ↓ Rs9,088 |
| 1 tola (24-karat) | Rs456,900 | Rs446,300 | ↓ Rs10,600 |
| Global Gold Price (per ounce) | $4,358 | $4,252 | ↓ $106 |
The APSGJA attributed the drop in gold prices in Pakistan to profit-taking in both global and domestic markets. After gold crossed the $4,300 per ounce mark, international investors began booking profits, leading to a natural correction.
Easing trade tensions between the United States and China also contributed, as U.S. President Donald Trump’s remarks about unsustainable tariffs reduced market uncertainty, prompting a temporary sell-off. A stronger U.S. dollar[2] further pressured gold prices, making the metal more expensive for global buyers.
Locally, after gold hit an all-time high of Rs456,900 per tola on October 17, profit-taking among Pakistani investors accelerated the downward trend. Analysts believe this correction was expected following the record-breaking surge and anticipate price stabilization in the coming days as market sentiment adjusts.
References
- ^ gold hit record highs (www.techjuice.pk)
- ^ U.S. dollar (www.techjuice.pk)