In a startling turn of events, the price of gold in Pakistan has fallen dramatically, falling by more than Rs. 22,000 in just three days.
The significant decline in gold prices has attracted a lot of attention and is expected to have broad ramifications for investors and anyone keeping watch of the price of the precious metal in Pakistan’s ever-changing economic climate.
As of September 7, 2023, the prevailing Gold Rate in Pakistan stands at Rs. 216,500 per tola reduced by Rs.5,800 per tola.
Yesterday, 6th September, the price of gold was reduced by Rs 10,500 per tola. This remarkable reduction brought the price of gold down to Rs 2 lakh 22 thousand 300 per tola.
| Date | Rate per Tola | Decrease in price |
| 7th September, 2023 | Rs.216,500 | Rs.5,800 |
| 6th September, 2023 | Rs.222,300 | Rs.10,500 |
| 5th September, 2023 | Rs.232,800 | Rs.6,300 |
In just three days the price of gold has been reduced by Rs.22,600, marking a considerable shift in the country’s gold market.
Unusually, these Gold Rates remain consistent across the country, with only marginal variations of a few hundred rupees observed among different cities.
