Karachi, April 25, 2025 – The gold prices in Pakistan witnessed a sharp decline on Friday, falling by Rs3,300 per Tola amid ongoing volatility in both local and international bullion markets.
The sudden drop reflects growing uncertainty fueled by global economic tensions and shifting investor sentiments.
According to market sources, the price of gold per Tola of 24-karat dropped to Rs348,400 in the domestic market, compared to the previous day’s closing of Rs352,000. This marks a significant reduction, coming just days after gold had touched an all-time high of Rs363,700 per Tola in Pakistan on April 22, 2025.
Similarly, the prices of 24-karat gold per 10 grams declined by Rs2,833, settling at Rs298,958, down from Rs301,783 in the previous session. The consistent fluctuation in gold prices has made the market highly unpredictable, leaving investors cautious.
Experts in the bullion trade have linked the downward trend in gold prices in Pakistan to parallel movements in global markets. Internationally, the price of gold per ounce dropped by $33, closing at $3,305 as compared to $3,338 a day earlier.
Analysts attribute the decline to multiple factors, including ongoing geopolitical tensions, shifting global trade policies, and speculation over interest rate movements in major economies. These external pressures have created a ripple effect, impacting local gold prices across Pakistan.
The drop in gold prices offers a temporary window of opportunity for buyers in Pakistan, especially those planning for weddings or long-term investments. However, bullion dealers caution that the market remains fragile and further fluctuations are likely in the coming days.
Given the historical highs observed earlier in the week, the current decline is significant. The Tola-based pricing system, commonly used in Pakistan, remains the standard reference for retail buyers and continues to be closely watched by both investors and jewelers.
As the situation evolves, market participants are advised to keep an eye on international trends and local currency movements, which play a pivotal role in determining future gold prices in Pakistan.