Gold prices in Pakistan fell slightly on Saturday, September 13, 2025, tracking a mild dip in the international bullion market.
According to figures released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold per tola dropped by Rs200, bringing the new rate to Rs386,300. Similarly, the price of 10 grams of 24-karat gold fell by Rs172 to Rs331,189.
Silver also edged down, with the per tola price of 24-karat silver dipping by Rs13 to settle at Rs4,443.
The domestic decline followed a modest slide in international gold prices, where the yellow metal slipped by around $2 per ounce, trading at roughly $3,643. Analysts point out that Pakistan’s gold market closely mirrors global trends, with the rupee-dollar exchange rate playing a decisive role in how international price shifts are reflected locally.
Market watchers suggest the slight pullback comes after a period of relative stability, as traders weigh global supply-demand conditions and monetary policy signals from major economies. “It’s not a dramatic fall — more of a correction in line with what we’re seeing worldwide,” said one Karachi-based jeweller.
For local consumers, the dip offers some temporary relief, though prices remain historically high compared to previous years. Experts note that small fluctuations are common in times of economic uncertainty, and gold continues to attract both investors and households as a traditional safe-haven asset.
Looking ahead, traders say the trajectory will depend on movements in the global spot market and the rupee’s stability against the dollar. Any shifts in U.S. interest rate policy or currency volatility could quickly alter the trend in Pakistan’s bullion market.
