Karachi, May 22, 2025 — Gold prices in Pakistan witnessed a sharp drop on Thursday, driven by a significant decline in the global bullion market.
According to market sources, the prices of gold fell by Rs1,900 per tola, reflecting downward pressure from international trends.
The gold price in Pakistan for 24-karat per tola settled at Rs347,500, compared to the previous day’s closing of Rs349,400. Similarly, prices of gold for 24-karat per 10 grams dropped by Rs1,629, closing at Rs297,925, down from Rs299,554 in domestic trading.
This dip follows a consistent pattern in recent days, where gold prices in Pakistan have fluctuated in response to volatile movements in global bullion markets. Traders and bullion analysts attributed the downward shift primarily to the fall in international gold prices, which slipped by $19 per ounce, closing at $3,291, compared to $3,310 a day earlier.
The local bullion market noted that the weakening of gold prices internationally is the primary reason for the drop in Pakistan’s gold prices. Demand fluctuations and profit-taking by investors have contributed to a softer market tone, both globally and within the country.
It is worth mentioning that gold prices in Pakistan had touched an all-time high of Rs363,700 per tola just a month ago, on April 22, 2025. Since then, the market has shown signs of correction amid easing inflationary pressures and shifting investor sentiment.
Analysts believe that further changes in gold prices will largely depend on upcoming economic data, interest rate decisions by central banks, and geopolitical developments, which continue to shape global demand for safe-haven assets like gold.
As uncertainty persists in global markets, investors in Pakistan are advised to stay informed and cautious, as even minor changes in international bullion prices can heavily impact gold prices in Pakistan.
Experts also caution that currency fluctuations, particularly movements in the rupee-dollar exchange rate, could further influence future gold price trends.