Gold prices in Pakistan recorded a notable decline on February 3, 2026, tracking the softer trend seen in the international bullion market. After days of sharp volatility, local gold rates eased as global prices slipped below the $4,900 mark per ounce.
📊 International Gold Market Update
In the global market, 24-karat gold is trading at:
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$4,857 per ounce
Analysts attribute the decline to profit-taking by investors and short-term correction after record highs seen in previous sessions.
🇵🇰 Gold Rates in Pakistan (3 February 2026)
According to the latest market data, gold prices in Pakistan stand as follows:
🔹 Per Tola Gold Prices
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24K Gold: Rs. 490,362
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22K Gold: Rs. 449,614
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21K Gold: Rs. 429,177
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20K Gold: Rs. 408,740
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18K Gold: Rs. 367,866
🔹 10 Grams Gold Prices
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24K Gold: Rs. 420,406
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22K Gold: Rs. 385,373
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21K Gold: Rs. 367,856
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20K Gold: Rs. 350,339
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18K Gold: Rs. 315,305
📉 Why Gold Prices Are Falling
Market experts point to several reasons behind today’s decline:
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Cooling international gold prices
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Profit-taking after recent record highs
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Slight recovery in global financial markets
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Reduced panic buying after geopolitical tensions eased
Despite the drop, analysts say gold remains strong in the medium to long term due to economic uncertainty and inflation risks.
🛒 What This Means for Pakistani Buyers
For Pakistani consumers, today’s decline offers temporary relief, especially for:
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Wedding jewellery buyers
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Investors planning fresh entries
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Traders waiting for correction after record highs
However, experts advise caution, as gold prices remain highly sensitive to global economic and geopolitical developments.
🔚 Final Takeaway
Gold prices in Pakistan have softened on 3 February 2026, following a dip in international markets. While today’s rates provide a short-term buying window, volatility is expected to continue in the coming days.
