Gold Prices Record Third Biggest Drop in History - New Latest Price Check

Gold prices have witnessed one of the sharpest declines in history, sending shockwaves through both global and local bullion markets. Pakistan’s gold market recorded a massive fall, while international prices also dropped heavily, causing huge losses for investors worldwide.

According to market data, 24-karat gold per tola in Pakistan dropped by Rs 21,500, bringing the new price down to Rs 490,362. At the same time, 10 grams of gold fell by Rs 18,433, reaching Rs 420,406. This sudden decline has surprised traders and buyers alike.

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Massive Drop in Just Three Days

The speed of the decline has raised serious concerns across the market. In only three days, gold prices in Pakistan have fallen sharply.

Gold per tola became Rs 82,500 cheaper in three days
This marks the third biggest price drop in gold history
Traders reported panic selling in local markets
Buyers are waiting for further price stability

Market experts say such a rapid fall is extremely rare and reflects global uncertainty.

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Silver Prices Also Decline Sharply

Along with gold, silver prices also dropped in the local market.

Silver per tola fell by Rs 602
New silver price reached Rs 8,405 per tola
Industrial and retail demand weakened
Investors shifted away from precious metals

The decline in silver further confirmed the bearish trend in the precious metals market.

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Global Gold Market Sees Historic Losses

The international gold market also experienced a dramatic collapse. Over the last three days, gold prices per ounce dropped sharply.

Gold lost $825 per ounce in three days
In a single day, prices fell by $215
Current global gold price stands at $4,676 per ounce
Investors suffered losses worth trillions of dollars

Financial analysts say rising interest rates, profit-taking, and strong global currencies played a major role in this decline.

Impact on Investors and Market Sentiment

The sudden fall has badly affected investor confidence across the world.

Large investors faced heavy portfolio losses
Gold traders reported reduced market activity
Many buyers are delaying purchases
Volatility remains high in global markets

Experts believe gold prices may remain unstable in the short term as global economic conditions continue to change.

Conclusion

The recent fall in gold prices has become one of the most historic declines ever recorded, affecting both Pakistan and global markets. With gold losing value rapidly over just a few days, investors and traders are now closely watching market trends before making any decisions. While buyers may see this as an opportunity, uncertainty remains high, making caution essential in the coming days.