Gold price in Pakistan falls Rs10,400 per tola

May 12, 2025 (MLN): Gold price in Pakistan decreased on Monday, with 24-karat gold being sold at Rs340,500 per tola, down Rs10,400.

Similarly, 24-karat gold per 10-gram was sold at Rs291,923 after a decline of Rs8,917, according to rates shared by the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA).

The price of 22-karat gold was also quoted lower at Rs267,693 per 10-gram.

Similarly, silver prices fell in the domestic market, with 24-karat silver being sold at Rs3,400 per tola (-Rs17) and Rs2,914 per 10-gram (-Rs15).

Globally, spot gold traded near $3,216 an ounce, down $70.2 or 2.14% from the previous session.

Gold dropped 2.14% to a more than one-week low on Monday after the U.S. and China said they have agreed to a deal to slash reciprocal tariffs, sending the dollar higher and denting the safe-haven metal's appeal.

Copyright Mettis Link News