Gold Prices Continue to Decline in Pakistan Amid Global Market Pressure -16 August 2025
The declining trend in gold prices persisted on Saturday, as both international and domestic markets recorded further reductions.
International Market
In the international bullion market, gold prices dropped by $9 per ounce, settling at $3,335. Analysts link the decline to a stronger US dollar and cautious investor sentiment.
Local Market Impact
Following the global dip, Pakistan’s gold prices also fell:
- 24-carat gold per tola decreased by Rs.200, reaching Rs 360,600.
- 10 grams of 24-carat gold dropped by Rs. 700 , now at Rs.308,990.
However, data from other sources 16 August 2025, with gold priced at Rs360,600 per tola and Rs309,160 per 10 grams, showing market variation across cities.
Market Outlook
Experts at AKD Securities noted that gold prices are closely tied to global economic trends, particularly interest rate expectations in the US. Investors are advised to watch both global bullion shifts and local currency strength when making decisions.