KARACHI, May 8, 2025 – Gold prices in Pakistan dropped sharply on Thursday, falling by Rs4,200 per Tola in response to a decline in international markets. This significant change reflects ongoing global uncertainty and shifting trends in the precious metals market, impacting both investors and jewelers alike.
According to the latest update, the price of 24-karat gold dropped to Rs352,700 per Tola, down from Rs356,900 per Tola recorded the previous day. This marks a noticeable decrease in just 24 hours. It’s worth noting that gold prices in Pakistan had touched an all-time high of Rs363,700 per Tola on April 22, 2025.
Similarly, the gold price for 24-karat per 10 grams also saw a reduction. It decreased by Rs3,601, bringing the new rate to Rs302,283, compared to the earlier price of Rs305,984 in the local market. This decline has led to increased footfall in gold shops as customers explore potential buying opportunities.
Market experts say that this drop in gold prices is mainly due to a global slide. On the international front, the price of gold fell by $42 per ounce, settling at $3,343, down from the previous day’s close of $3,385. Analysts link this trend to ongoing geopolitical tensions and global trade concerns, which have kept precious metals markets on edge for several weeks.
Traders in Pakistan are keeping a close watch as international developments continue to influence local rates. The frequent fluctuation in Tola rates makes it essential for both investors and jewelers to stay updated and alert.
Despite the drop, many still consider gold a safe and dependable investment, especially in uncertain times. Whether you’re buying for investment, gifting, or jewelry, keeping an eye on daily gold prices per Tola is key to making informed decisions.
As always, those interested in purchasing or investing in gold should follow reliable sources and consult with bullion dealers for the most accurate market insights.