The gold market in Pakistan continues to show a downward trend, with prices dropping significantly over the past few days. As of 2 August 2025, the price of 24-karat gold per tola is recorded at Rs. 352,900, reflecting a total decline of Rs. 12,000 per tola in just eight days.
This price drop is being closely watched by investors, jewelers, and the general public, as gold is often seen as a safe investment during uncertain economic conditions. The latest data has been released by the All Pakistan Sarafa Gems and Jewelers Association, confirming the continued decline.
Gold Price Trend Over the Last 8 Days
The gold market has been volatile recently. Here’s a quick look at how prices have changed:
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In the first five days of the decline, gold fell by Rs. 10,200 per tola
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A slight increase of Rs. 300 per tola was noted on Wednesday
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On Thursday (1 August 2025), prices dropped further by Rs. 2,000 per tola
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Total drop over eight days: Rs. 12,000 per tola
Updated Gold & Silver Rates – 2 August 2025
| Metal | Rate per Tola | Rate per 10 Grams |
|---|---|---|
| 24K Gold | Rs. 352,900 | Rs. 302,555 |
| Silver | Rs. 3,900 | Rs. 3,344 |
Note: Silver prices remained unchanged today.
Global Market Update
In the international market, gold is being traded at $3,302 per ounce, showing a minor drop of $1. This rate includes a $20 premium, which also contributes to local pricing trends.
Why Are Prices Falling?
Several factors may be contributing to the drop in gold rates:
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A strengthening Pakistani Rupee in the open market
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Decreased demand in the local jewelry sector
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Stability in inflation rates (reported at 4.1% for July 2025)
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Corrections in global gold pricing
Opportunity or Risk?
For many, this may be the right time to buy gold while prices are low. However, market experts suggest watching trends closely, as sudden recoveries are also possible. Investors and buyers should evaluate carefully based on both local and international market indicators.
Conclusion
The continued decline in gold prices, with a total drop of Rs. 12,000 per tola, has made headlines across Pakistan. Whether you’re planning to invest, buy jewelry, or simply track the market, the latest rate of Rs. 352,900 per tola on 2 August 2025 is a key figure to note.
Stay tuned for more updates on gold, silver, inflation, and economic trends across Pakistan.
