Gold prices in Pakistan are holding steady at their new, lower levels this Tuesday, following a sharp correction on Monday that wiped out a significant portion of the weekend’s gains.
According to the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA), the following rates are in effect for the start of the Tuesday session.
| Unit | Price in PKR | 24-Hour Change |
| Gold per Tola (24K) | Rs 523,762 | ▼ Rs 3,200 (from Monday) |
| Gold 10 Grams (24K) | Rs 449,041 | ▼ Rs 2,743 (from Monday) |
| Silver per Tola | Rs 8,164 | ▼ Rs 55 (from Monday) |
| Silver 10 Grams | Rs 6,999 | ▼ Rs 47 (from Monday) |
The downturn is largely attributed to a global retreat in precious metals. In the international market, spot gold prices dropped by $32 to settle at $5,010 per ounce (inclusive of a $20 premium).
Market analysts point to two main factors for this Tuesday’s cautious atmosphere.
The Lunar New Year: Major trading hubs in China remain closed (Feb 15–23), leading to reduced liquidity and amplified price swings.
The US dollar has remained firm against a basket of currencies, making greenback-priced gold more expensive for Pakistani buyers and dampening local demand.
Note for Investors: Monday’s drop of Rs 3,200 per tola was a stark reversal from Saturday’s performance, where gold had surged by Rs 7,000. This volatility suggests that the market is currently in a “price-discovery” phase as it weighs global holiday lulls against domestic economic signals.
