Gold rates decline in Pakistan, ending gain streak – September 11, 2025

KARACHI: Gold rates in Pakistan, as well as in international markets, saw a decline on Thursday, September 11, 2025, after several days of upward movement, according to data released by the All Pakistan Sarafa Gems and Jewellers Association.

The price of 24-karat gold per tola decreased by Rs4,100, falling to Rs384,000 from Rs388,100 on the previous trading day. Similarly, the rates of 10 grams of 24-karat gold also dropped by Rs3,515, settling at Rs329,218 from Rs332,733.

The international market also experienced a dip in gold prices, which decreased by $36, from $3,654 to $3,618, the Association reported.

Read More: Gold consolidates after record peak

According to Reuters, the gold prices edged lower on Thursday, hovering near record highs, as investors awaited U.S. consumer inflation data due later in the day following weaker-than-expected producer price figures that reinforced expectations of a Federal Reserve rate cut next week.

“Gold seems to be consolidating recent gains as markets wait for U.S. Consumer Price Index data and what it’ll mean for Fed rate cut expectations,” said Ilya Spivak, head of global macro at Tastylive.

U.S. producer prices unexpectedly fell in August due to lower trade services margins and modest increases in goods costs.

Investors are now focused on U.S. CPI data, due at 1230 GMT, with a Reuters poll forecasting a 0.3% monthly increase in August following a 0.2% rise in July. CPI is expected to have grown 2.9% year-on-year, compared with 2.7% in July.

Gold Rates Today in Pakistan

Gold as a Safe-Haven Asset

Gold continues to maintain its status as a dependable safe-haven asset, particularly during periods of inflation, economic uncertainty, and geopolitical instability. Valued both as a store of wealth and a medium of exchange, it remains an attractive option for investors seeking protection from market volatility.

The rise of digital finance—including gold-backed Exchange-Traded Funds (ETFs), mobile trading apps, and fintech innovations—has broadened access to global gold markets. These developments have empowered retail investors, especially in regions like the Gulf, to enter a space once dominated by institutional players.

Recent fluctuations in gold prices reflect persistent global demand and underscore investor caution in the face of ongoing economic and geopolitical challenges.

Gold Prices and Investment Trends in Pakistan

In Pakistan, gold prices play a significant role in shaping consumer behavior and investment strategies. With the Pakistani rupee under pressure and ongoing economic uncertainty, tangible assets like gold are increasingly seen as a reliable means of wealth preservation.

Beyond its financial value, gold continues to hold cultural significance—serving as both a preferred investment and a traditional choice for ornamental use. For many Pakistanis, it remains a trusted hedge in turbulent times.