Gold Ends 2025 With Big Losses in Pakistani Market. Gold prices in Pakistan closed the year 2025 on a sharply bearish note, recording significant losses in both domestic and international markets. The precious metal, traditionally considered a safe haven for investors, failed to maintain its upward momentum during the final days of the year, disappointing traders, investors, and jewelry buyers alike.
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), gold prices witnessed a fresh decline on Wednesday, shedding Rs. 2,500 per tola, marking one of the most notable year-end corrections in recent times.
Gold Prices in Pakistan Today (December 31, 2025)
The local bullion market reflected sustained selling pressure as gold rates dropped across all major weight categories.
Latest Gold Rates in Pakistan
| Gold Weight | Price | Change |
|---|---|---|
| Per Tola | Rs. 456,962 | ▼ Rs. 2,500 |
| 10 Grams | Rs. 391,771 | ▼ Rs. 2,143 |
The decline followed an already sharp correction earlier in the week, reinforcing the bearish trend dominating the local gold market.
Gold Price Trend: A Volatile End to 2025
Just a day earlier on Tuesday, gold prices in Pakistan had suffered a massive drop of Rs. 10,700 per tola, bringing the price down to Rs. 459,462. This back-to-back decline indicates strong volatility and reduced buying interest toward the year’s end.
Market analysts note that year-end profit-taking, coupled with global price adjustments, played a critical role in pushing gold prices lower during the final trading sessions of 2025.
International Gold Prices Also Decline
The weakness in Pakistan’s gold market mirrored trends in the global bullion market.
- International gold price: $4,346 per ounce
- Daily decline: $25
- (Includes a $20 premium)
The global drop in gold prices added pressure to local rates, as Pakistan’s bullion market is closely tied to international benchmarks and dollar movements.
Silver Prices Follow Gold’s Downward Path
Silver prices in Pakistan also ended the year on a negative note, reflecting broader weakness across precious metals.
Latest Silver Rate in Pakistan
| Metal | Price | Change |
|---|---|---|
| Silver (per tola) | Rs. 7,718 | ▼ Rs. 212 |
The decline in silver prices further signals reduced speculative demand and cautious investor sentiment as markets prepare for 2026.
Why Did Gold Prices Fall in Pakistan?
Several key factors contributed to gold ending 2025 with losses:
1. Global Market Pressure
Declining international gold prices directly impacted local rates, especially as global investors shifted capital toward equities and interest-bearing assets.
2. Strong US Dollar
A stronger dollar typically makes gold more expensive for foreign buyers, reducing demand and pushing prices lower globally.
3. Year-End Profit Taking
Many investors chose to book profits before closing their financial positions for the year, increasing selling pressure.
4. Reduced Local Demand
With inflationary pressures easing slightly and consumer spending slowing, demand for gold jewelry remained subdued.
Impact on Investors and Jewelry Buyers
For Investors
Short-term investors faced losses, especially those who entered the market during recent highs. However, long-term investors may view the dip as a potential buying opportunity.
For Jewelry Buyers
The decline offers some relief for wedding-season buyers, although prices remain historically high despite the correction.
Outlook for Gold Prices in 2026
Market experts believe that gold prices in 2026 will largely depend on:
- Global interest rate decisions
- Inflation trends
- Geopolitical tensions
- Currency fluctuations
While short-term volatility may continue, gold is expected to retain its importance as a hedge against economic uncertainty.
Conclusion
Gold ended 2025 with notable losses in the Pakistani market, closing the year under sustained selling pressure. With prices falling to Rs. 456,962 per tola, the precious metal recorded a volatile and challenging finish, influenced by international market weakness, currency movements, and year-end adjustments.
As Pakistan steps into 2026, investors and buyers alike will be closely watching global economic signals to determine whether gold regains its shine or continues its corrective phase.
