10g gold price in Pakistan
Gold prices in Pakistan witnessed a sharp decline on Tuesday, December 30, 2025, with the price of 10 grams of gold falling below the Rs400,000 mark, in line with weakening trends in the international bullion market, according to data released by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA).
The price of 24-karat gold fell by Rs10,700 per tola, settling at Rs459,462, compared to Rs470,162 recorded during the previous trading session.
Similarly, the price of 10 grams of 24-karat gold dropped by Rs9,174 to Rs393,914, down from Rs403,088, marking one of the steepest single-day declines in recent weeks.
In the international market, gold prices also moved lower, falling by $107 per ounce to $4,371 from $4,478, as investors reacted to shifting expectations around global monetary policy and currency movements.
Silver prices followed a similar downward trend. The price of silver per tola declined by Rs145 to Rs7,930, compared to Rs8,075 in the previous session.
Despite the recent dip, precious metals continue to be viewed as traditional safe-haven assets. Demand has remained elevated amid heightened geopolitical tensions, including ongoing conflicts in Ukraine and Gaza, as well as trade uncertainties stemming from US President Donald Trump’s tariff policies.
Investors are also concerned about rising public debt levels in major economies and the potential formation of a bubble in the artificial intelligence sector. These risks have encouraged portfolio diversification toward metals, according to analysts.
“Metal is once again becoming insurance rather than just a speculative asset,” John Plassard, an analyst at Cite Gestion Private Bank, told AFP.
The weakening of the US dollar has further influenced commodity markets. Uncertainty surrounding Trump’s presidency and expectations of additional interest rate cuts by the US Federal Reserve have reduced the dollar’s appeal, prompting investors to turn to gold and silver.
Gold prices have climbed more than 70 percent this year, briefly surpassing $4,500 per ounce earlier this month, while silver reached a record high of $72 per ounce. A weaker dollar has also provided support to industrial metals, as dollar-priced commodities become cheaper for international buyers.
