Gold Prices Drop in Pakistan Today

Islamabad, 1 May, 2025: Gold Prices Drop in major Pakistani cities as the precious metal saw a significant decline of Rs3,400 per tola on Thursday, reflecting ongoing volatility in the global bullion market. The latest rates were shared by local Sarafa markets at 8:25 am on May 1.

New Rates for Gold and Silver

Following the drop, the new price for 24-karat gold per tola is set at Rs345,800. Similarly, 10 grams of 24K gold are now priced at Rs296,467, while one gram is available for Rs29,646.

Silver prices remain unchanged, with 24-karat silver per tola listed at Rs3,497 in all major trading centres.

The updated gold prices were consistent across all key cities including Karachi, Lahore, Islamabad, Peshawar, Quetta, Sialkot, Hyderabad, and Faisalabad.

READ MORE: Today Gold Rate in Pakistan

Analysts attribute this decline to movements in the global market, where gold is often affected by economic indicators such as interest rate changes, inflation concerns, and geopolitical developments.

City-Wise Gold and Silver Prices

Gold Market Remains Unpredictable

Experts in the precious metals trade have pointed out that gold rates in Pakistan are subject to multiple fluctuations throughout the day.

These changes are influenced by shifts in international gold pricing and the dollar-rupee exchange rate. Since there is no fixed price, local bullion traders determine rates based on global market signals.

READ MORE: Gold Price in Pakistan Today – 3rd April 2025

The Sarafa Associations in each city serve as the primary sources for daily gold and silver prices.

Market watchers suggest that if global tensions ease and the US Federal Reserve alters its monetary stance, gold prices could see further corrections.

As the Gold Prices Drop again in Pakistan, both investors and jewellers are closely monitoring global trends to anticipate future shifts.