Gold Prices Drop After Hitting Record Highs in Pakistan

Gold prices in Pakistan witnessed a sharp decline today, dropping by Rs 11,000 per tola in a single day after recent gains, as market fluctuations continue to impact precious metal rates.

According to data released by the All Pakistan Jewellers Manufacturers Association (APJMA), the price of gold per tola fell to Rs 352,000, while 10 grams of gold decreased by Rs 10,031 to settle at Rs 301,783.

This sudden drop follows two consecutive days of increases—gold had risen by Rs 5,900 per tola yesterday and by Rs 8,100 on Monday, highlighting the ongoing volatility in the bullion market.