Gold prices plunge after record highs in global and local markets

Gold prices plunge after record highs in global and local markets

Gold prices saw a sharp decline both globally and in Pakistan, following a sustained rally that drove the precious metal to record levels in recent days. In the international bullion market, the price of gold dropped by $116 per ounce to settle at $3,338, reversing part of the recent surge driven by geopolitical tensions and safe-haven buying. The domestic market swiftly mirrored the downturn. The price of gold in Pakistan fell by Rs11,700 per t…

Gold Plunges Over $100 In Sharpest Fall Of 2025 — Experts Decode The Retreat From Record High

Gold prices in both global and domestic markets nose-dived after hitting a record high earlier this week. The precious metal, which thrives amid geopolitical and economic uncertainties, slipped after a report suggested a substantial easing in the trade war between the United States and China.The bullion prices took a hit after Wall Street Journal reported the White House may slash tariffs on China from 145% to 50-65%. The report came after the D…

Gold Price Crash in Pakistan: Rs11,700 Per Tola Drop Jolts Markets

A dramatic gold price crash in Pakistan shocked traders on Wednesday as rates tumbled by Rs11,700 per tola, wiping out earlier gains from record highs. The plunge mirrored declines in international markets, fueled by easing global tensions and improved investor confidence. Major Drop After Record High Gold prices in Pakistan fell sharply, with the per tola rate settling at Rs352,000. This marked a significant correction from Tuesday’s all-time h…

Gold prices decline by Rs.11,700 to 352,000 per tola

Karachi: The price of 24 karat per tola gold witnessed a sharp decrease of Rs.11,700 on Wednesday,today, and was sold at Rs.352,000 , All Pakistan Sarafa Gems and Jewelers Association reported. The prices of 10 grams of 24 karat also decreased by Rs.10,031 to Rs.301,783 from Rs 311,814 Whereas the price of 10 grams of 22 Karat decreased by Rs.9,195 to Rs.276,644 from Rs.285,839. The price of gold in the international market decreased by $116 to …

Gold slips below ₹1 lakh per 10 gram mark

Gold returned to its historic record level of Rs 1 lakh on Wednesday. The price of gold in the national capital fell by Rs 2,400 to Rs 99,200 per 10 grams. According to the India Bullion and Jewellers Association, this precious metal of 99.9 percent purity rose by Rs 1,800 to an all-time high of Rs 1,01,600 per 10 grams on Tuesday. Apart from this, gold of 99.5 percent purity in the local markets fell sharply by Rs 3,400 to Rs 98,700 per 10 gram…

Gold tumbles in Pakistan: Biggest single-day drop in weeks after record hike - Pakistan Observer

KARACHI – Gold rates in Pakistan saw massive hike as price of yellow metal plunged by Rs11,700  to Rs352,000 on Wednesday. Data shared by Saraffa Asssociation shows price of gold moving down by Rs11,700 per tola, bringing it down to Rs352,000 whereas price of 10 grams now hovers at Rs301,783 after Rs10,031 cut. Today Gold Rate Gold  Change New Price Per Tola – Rs11,700 Rs352,000 10 Grams – Rs10,031 Rs301,783 Gold Price in Pakistan This Week …