Gold Price in Pakistan Drops to Rs335,200
The decline in gold prices has been driven by reduced demand for gold as a safe-haven asset, resulting from positive developments in US trade policy, with the price of gold per tola now at Rs335,200 and 10 grams of gold at Rs287,379.
The price of gold per tola has fallen to Rs335,200 in Pakistan, with 10 grams of gold now costing Rs287,379, as global and local markets experience a decline in gold prices due to easing trade tensions between the US and China.
In local markets, the per tola gold price decreased by Rs2,300 to Rs341,900, while the international gold price dropped by $67 per ounce, settling at $3,168. The price of silver also decreased, with one tola falling by Rs105 to Rs3,377. This decline in gold prices is attributed to the reduced demand for gold as a safe haven, resulting from positive developments in US trade policy.
The All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) quoted the gold prices in Pakistan on May 15th, 2025. The price of 10-gram gold fell to Rs293,124, a drop of Rs1,972, while the price of gold per tola reached Rs341,900, a decrease of Rs2,300. Internationally, the gold rate per ounce fell by $23 to $3,235, further contributing to the decline in gold prices in Pakistan.
As the trade tensions between the US and China continue to ease, it is likely that the gold prices in Pakistan will remain volatile, influenced by the fluctuations in the global market. The APGJSA will continue to monitor and update the gold prices in Pakistan, providing the latest information to investors and consumers alike.