Gold Rate in Pakistan Today: Gold Price Drops Significantly
The current gold rate in Pakistan today is Rs298,950 for 10 grams of 24-karat gold, with the international rate at $3,327.60 per ounce, providing an opportunity for buyers to purchase gold at lower prices, while the prices of silver also decreased, making it an attractive option for investors.
Gold prices in Pakistan experienced a significant decline on Friday, with the price of 24-karat gold per tola falling by Rs3,300 to Rs348,700, and the price of 10 grams of 24-karat gold decreasing by Rs2,833 to Rs298,950, following a drop in global rates.
The decline in gold prices is attributed to stabilisation in global demand and profit-taking after sustained gains in previous months, according to market analysts. The international rate of gold also decreased, with a rate of $3,305 per ounce, while the price of silver dropped, with the per tola price falling by Rs40 to Rs3,497 and the 10-gram rate decreasing by Rs35 to Rs2,998.
The All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) quoted the gold prices in Pakistan on April 26, 2025. The international rate of gold is at $3,327.60 per ounce, with a premium of $20. The price correction is seen as a result of market forces, with investors taking profits after a period of sustained gains.
The drop in gold prices may have an impact on the local market, with buyers potentially taking advantage of the lower prices. However, the prices are subject to fluctuation based on global demand and other market factors, making it essential for investors to stay informed about the latest developments.