KARACHI – Gold rates in Pakistan witnessed decline on July 15 Tuesday, as price per tola dropped by Rs700 to Rs359,000.
As per the latest numbers, the price of 10 grams of gold moved down by Rs600 to Rs307,784.
Today Gold Rates
| Price per Tola | Price per 10 Grams |
| Rs359,000 | Rs307,784 |
| -Rs700 | -Rs600 |
Gold Price in Pakistan This Week
| Dates | Price |
| 12-July | Rs358,100 |
| 11-July | Rs357,000 |
| 10-July | Rs354,700 |
| 9-July | Rs351,500 |
| 8-July | Rs354,500 |
| 7-July | Rs353,000 |
| 4-July | Rs355,500 |
This dip comes after increase in rates as gold surged by Rs1,500 per tola to reach Rs354,500. The recent volatility in prices is largely attributed to fluctuations in the global bullion market.
Over the past week, gold prices in Pakistan fluctuating yet overall upward trend. Starting from Rs355,500 on 4th July, the price slightly dipped over the next few days, reaching Rs351,500 on 9th July. On 10th July onwards, prices began to rise steadily, climbing from Rs354,700 to Rs358,100 by 12th July, marking the highest point of the week. This pattern suggests a short-term correction followed by a strong recovery, likely influenced by international market movements, currency fluctuations, or local demand factors. Overall, despite mid-week dips, the trend appears bullish by the end of the week.
Internationally, the price of gold also declined. The rate was reported at $3,365 per ounce, including a $20 premium—marking a $7 decrease from the previous day, as per APGJSA data.
Meanwhile, silver prices in the local market also fell. The rate per tola dropped by Rs73, bringing the new price to Rs4,014.
Experts suggest that ongoing uncertainties in global markets and changing investor sentiment are contributing to the price fluctuations in both gold and silver.
