Gold Prices Keep Sliding in Pakistan: Latest Per Tola Rates

LAHORE – Gold prices in Pakistan continued their downward slide on Saturday, offering some respite to buyers and small investors who have been grappling with record highs in recent months.

The per tola price of gold slipped by Rs900, settling at Rs356,200, while the rate for 10 grams fell by Rs771 to Rs305,384. The decline reflects movement in the global bullion market, where gold dropped $9 per ounce to $3,335.

Analysts attribute the fall to international price adjustments coupled with a stronger rupee, though they caution that volatility is likely to persist, with future shifts tied closely to global economic trends.

The easing of gold prices comes a day after the government announced fresh petroleum rates for the next two weeks. In its Friday night notification, the Finance Ministry confirmed petrol prices would remain unchanged, while diesel saw a sizeable cut of Rs12.84 per litre.

With the adjustment, high-speed diesel now costs Rs272.99 per litre, down from Rs285.83. Superior kerosene oil dropped to Rs178.27 per litre, compared to the previous Rs185.46. Petrol, meanwhile, stays at Rs264.61 per litre.

The unchanged petrol rate will be felt most directly by households that rely on motorcycles, rickshaws, and small cars for daily mobility. The transport and freight sectors, however, are expected to benefit more immediately from the reduced diesel prices, given their heavy reliance on the fuel.

Published in Daily Pak, August 16th, 2025