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Gold Prices Plummet in Pakistan Amid Global Market Volatility

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Gold prices in Pakistan saw a significant decline on August 2, 2026. According to the All Pakistan Gems and Jewellers Association, the price of 24-karat gold per tola dropped by Rs3,700, bringing it down to Rs426,736.

The association also reported that the price of 10 grams of gold decreased by Rs3,202 to Rs365,857. These changes were reflected in the international market as well, where the price of gold fell by $37 per ounce to settle at $4,043 per ounce.

These fluctuations are a result of ongoing changes in global bullion markets, which continue to influence domestic gold prices. The association's data highlights the sensitivity of gold prices to global market trends.

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