Gold Plunges in Wake of Trump Comments

Gold plunges in wake of Trump comments

Down Rs4,700/tola as global rates tumble amid oil surge; rupee inches up

Gold prices fall sharply in local, international markets

KARACHI: Gold prices in Pakistan decreased on Wednesday in line with their loss in the international market. In the local market, gold price per tola reached Rs430,236 after a decline of Rs4,700 during the day. Similarly, 10-gram gold was sold at Rs368,858 after it fell by Rs4,029, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Thursday, gold price per tola reached Rs434,963 after a decline of Rs…

Gold Prices Fall Sharply in Pakistan as Global Rates Decline

Gold prices in Pakistan extended their downward trend on Wednesday in line with a decline in international bullion markets. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold dropped by Rs4,700 per tola, bringing the new rate to Rs430,236. The price of 10 grams of gold also fell by Rs4,029, settling at Rs368,858. A day earlier, on Tuesday, gold had already recorded a decline of Rs2,500 per tola, closi…

Gold prices drop by Rs4,700 per tola

KARACHI: Gold prices in Pakistan moved lower on Wednesday, July 8, 2026, mirroring losses in the international bullion market. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold fell by Rs4,700 per tola, bringing the new rate to Rs430,236. The price of 10 grams of 24-karat gold also declined by Rs4,029, settling at Rs368,858. In the global market, bullion prices slipped by $47 per ounce, with gold tra…

Gold prices fall for fourth straight day in Pakistan

KARACHI: Gold prices in Pakistan fell sharply on Wednesday, tracking declines in the international market for the fourth consecutive session. According to market data, the price of gold in the local bullion market dropped by Rs4,700 per tola to Rs430,236. Similarly, the price of 10 grams of gold declined by Rs4,029 to Rs368,858. The decline followed losses in the international bullion market, where spot gold fell by $47 per ounce to $4,078. Silv…

Gold’s downward trend continues as price falls by Rs4,700 per tola

Gold prices in Pakistan declined on Wednesday, mirroring losses in the international market. In the local market, the price of gold per tola fell by Rs4,700 to settle at Rs430,236. Likewise, the price of 10 grams of gold dropped by Rs4,029 to Rs368,858, according to rates issued by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Tuesday, the price of gold per tola had decreased by Rs2,500, closing at Rs434,963. In the interna…