Gold Prices Witness Decrease in Pakistan: Per Tola Now at Rs362,300

Gold prices in Pakistan dropped by Rs700 per tola to Rs362,300, as reported by the All Pakistan Sarafa Gems and Jewellers Association in Lahore. The decline, announced on June 16, reflects a $18 fall in the international market, where gold now trades at $3,414 per ounce. Driven by reduced demand for safe-haven assets and stabilizing global economic conditions, this price dip offers opportunities for buyers and investors across Pakistan. Silver prices remained stable at Rs3,787 per tola, providing a contrast to gold’s volatility.

Gold Price Breakdown

The Sarafa Association confirmed that 24-karat gold per tola fell from Rs363,000 to Rs362,300, while 10 grams of 24-karat gold decreased by Rs600 to Rs310,613. In the international market, gold dropped by $18 to $3,414 per ounce, with Pakistan’s rates including a $20 premium, per local market sources. Silver prices held steady at Rs3,787 per tola, showing no change, which aligns with stable silver demand in local markets.

Reasons for the Gold Price Drop

The decrease in gold prices is linked to a global market correction, with lower demand for gold as a safe-haven asset. Easing geopolitical tensions, particularly in the Middle East, and a slightly stronger US dollar have reduced gold’s appeal. The Pakistani rupee’s stability at approximately Rs278 against the dollar mitigated the local impact of the global drop.

Regional Price Variations

Gold prices in Pakistan vary slightly across cities due to local demand and supply dynamics. Karachi’s Sarafa Bazaar, the national pricing hub, reported Rs362,300 per tola, with Lahore matching this rate. Minor variations of Rs100-200 per tola were noted in Islamabad, Rawalpindi, and Quetta, per Sarafa Association data. “Karachi sets the tone, but regional buying patterns cause small differences,” said a Karachi Sarafa Association representative.

Gold Price Details (June 17, 2025)

Global Market Context

Globally, gold prices have been volatile in 2025, with a 51.84% yearly increase in Pakistan, according to gold.pk. The current $3,414 per ounce rate follows a high of $3,499.88 on April 22, 2025. Analysts at J.P. Morgan forecast gold averaging $3,675 per ounce by Q4 2025, driven by central bank demand and trade uncertainties, though short-term corrections are expected during stable economic periods.

Gold Price Trends in Pakistan

Pakistan’s gold market has seen significant fluctuations in 2025. On June 3, 24-karat gold per tola was Rs354,100, rising to Rs363,000 by June 14 before this decline. A Rs7,800 per tola surge in May hit Rs350,000, fueled by a $76 per ounce global spike. Karachi’s Sarafa Bazaar remains the pricing epicenter, with daily rates set by the Sarafa Association. Gold’s role as a safe-haven asset persists, but global economic shifts, like reduced inflation fears, trigger periodic dips.

Buying and Investment Opportunities

The current gold price decrease offers a buying opportunity for investors and jewelry shoppers. Experts suggest monitoring international trends and rupee stability before purchasing. “This dip is attractive for long-term investors, but stay updated on global markets,” advised gold trader Faisal Mehmood from Islamabad. Sarafa Bazaars in Karachi, Lahore, and Rawalpindi provide competitive rates, while local jewelers may charge more for retail, per mypricezone.com.

Gold prices witnessed a decrease in Pakistan on June 17, 2025, falling to Rs362,300 per tola, driven by a $18 global drop to $3,414 per ounce. Silver prices remained steady at Rs3,787 per tola. Investors and buyers can capitalize on this dip, with live rates available on gold.pk or at Sarafa Bazaars. How will this gold price change impact your plans? Share your thoughts in the comments and follow for daily market updates!

Gold prices witnessed a decrease in Pakistan on June 17, 2025, dropping to Rs362,300 per tola after a $18 global decline to $3,414 per ounce. Explore live rates and buying tips.