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Gold crashes at year-end after near-doubling in value against last year

Gold market
File phot of Gold bars
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Gold and silver prices fall again on year's last day.
The decline continues a sharp correction from recent highs.
Global sell-off and profit-booking drive the sustained downtrend.
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The bullion market ended 2025 on a weak note, as both gold and silver prices declined further, reinforcing a year-end downturn after a volatile final quarter.

Despite the recent losses, gold in Pakistan still recorded historic annual gains. The price of 24-karat gold per tola dropped by another Rs 2,500, closing at Rs 456,962, marking the second consecutive day of sharp declines following Tuesday’s crash.

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Similarly, the price of 24-karat gold per 10 grams fell by Rs 2,143 to Rs 391,771, while 22-karat gold declined by Rs 1,964 to settle at Rs 359,136.

In the international market, gold prices slipped by $25 to $4,346 per ounce.

Gold Rate in Pakistan – Gold Price Today Live Updates

Silver prices also came under pressure. In the domestic market, silver per tola fell by Rs 212 to Rs 7,718, reflecting the metal’s sensitivity during widespread commodity sell-offs. Silver per 10 grams dropped by Rs 182 to Rs 6,616. Globally, silver declined by $2.12 to $72.43 per ounce.

For perspective, gold was priced at Rs 235,000 per tola at the end of 2024. Even after the sharp correction in late December, investors who entered the market at the start of 2025 continued to enjoy substantial returns.

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The late-December sell-off in precious metals was part of a broader global trend, with international gold retreating to $4,346 per ounce. However, the strong annual performance was driven by a powerful global rally, as gold surged from around $2,730 in 2024.

Local gold rates are calculated based on interbank exchange rates and are certified by the trade association. All prices quoted reflect 999.1 (24-karat) purity.

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