Islamabad, Apr 6, 2025: The price of 24-karat gold per tola experienced a major dip, falling by Rs. 5,500, and was available in the local market at Rs. 320,000, according to the latest data released by the All-Pakistan Sarafa Gems and Jewellers Association.
A day earlier, the same gold quality was priced at Rs. 325,500, indicating a significant downward shift in the precious metals market.
Likewise, the cost of 10 grams of 24-karat gold also dropped by Rs. 4,714, settling at Rs. 274,348, compared to its earlier rate of Rs. 279,063. In addition, 22-karat gold, commonly preferred for jewellery, recorded a decrease of Rs. 4,322, now being sold at Rs. 251,494, down from Rs. 255,817.
Silver rates mirrored this decline as well.
The price of one tola silver slid down by Rs. 460, landing at Rs. 3,120, whereas 10 grams of silver lost Rs. 395, bringing the new rate to Rs. 2,674.
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These changes come in response to trends in the global bullion market, which also showed a downward pattern.
International gold prices saw a reduction of $51, dropping from $3,089 to $3,038 per ounce.
Similarly, silver prices in the global market decreased by $4.50, with the latest figure recorded at $29.59 per ounce.
These market adjustments are attributed to fluctuations in global demand, shifts in the dollar index, and speculation in international trading platforms.
Investors and buyers across Pakistan are closely monitoring these developments as the volatile nature of gold and silver prices continues to impact investment strategies and jewellery purchases.
Consumers are advised to keep a close watch on market movements, especially those planning to buy gold for weddings or investment purposes, as further changes may occur depending on international financial trends.
