20 November 2025: Pakistan’s gold market saw a noticeable pullback on Thursday as local rates corrected in response to a drop in the global market.
In domestic trading, the price of gold settled at Rs. 426,562 per tola, reflecting a Rs. 5,000 decline. The rate for 10 grams closed at Rs. 365,708, lower by Rs. 4,286, according to figures shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
The adjustment comes just a day after the metal jumped to Rs. 431,562 per tola, marking a sharp gain of Rs. 7,900.
Internationally, gold slipped by $50, finishing at $4,042 per ounce, including a $20 premium. Silver prices also softened locally, with a decline of Rs. 93, bringing the new level to Rs. 5,329 per tola.
Global sentiment remained under pressure due to a stronger US dollar and reduced expectations of a Federal Reserve rate cut in December. Markets also looked ahead to a delayed US jobs report. Spot gold was last quoted at $4,077.82 per ounce, down 0.1%, while US gold futures for December eased 0.2% to $4,076.50 per ounce.
