Gold Prices Crash in Pakistan Today, bringing relief to buyers but causing concern for investors. On 7 October 2025, rates for 24-karat gold dropped noticeably in major cities like Karachi and Lahore. Here’s a full rundown of what you need to know updated live, with simple explanations.
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What’s Happening to Gold Prices?
Today saw a fall in gold rates after days of steep rises. Although gold hit record highs recently, today’s dip indicates market jitters. Factors include tweaks in currency exchange, shifting investor sentiment, and small corrections after a rapid surge.
Although many news outlets earlier reported that 24-karat gold was at Rs 416,500 per tola, some local traders are now listing slightly lower prices suggesting a rollback from the highest peak.
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Updated Gold Rates (7 October 2025)
| Gold Type | Rate per Tola (PKR) | Rate per 10 Grams (PKR) |
| 24-Karat | ~ Rs 416,500 | ~ Rs 357,090 |
| 22-Karat | ~ Rs 381,765 – Rs 381,890 | ~ Rs 327,330 |
| 21-Karat | ~ Rs 364,438 | ~ Rs 312,454 |
| 18-Karat | ~ Rs 312,375 | ~ Rs 267,818 |
Why Did the Gold Prices Crash in Pakistan Happen?
A “crash” might be too strong a word; this was more of a correction after a steep run-up. Here are some reasons for today’s dip:
- Currency Fluctuations
The Pakistani Rupee’s value against the US Dollar plays a big role. When PKR weakens, gold prices tend to rise; when it gains a little strength, gold can dip. Today’s movement may reflect small changes in currency markets. - Investor Sentiment
After seeing gold rise very fast, some investors may be selling to lock in profit. That selling pressure leads to a small pullback in price.
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- International Gold Rates
Global gold prices (in US Dollars) have also been volatile. Any dip globally leads to immediate local adjustments. For example, spot gold rates rose recently due to global economic uncertainty, which pushed local prices up.But if global momentum eases, local rates follow. - Regulatory / Market Adjustments
Local jewellers and Sarafa Associations sometimes make small corrections after rapid movement adjusting for demand, supply, or to stabilize the market.
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