Gold price in Pakistan falls Rs11,700 per tola

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MG News | April 23, 2025 at 04:34 PM GMT+05:00

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April 23, 2025 (MLN): Gold price in Pakistan decreased on Wednesday, with 24-karat gold being sold at Rs352,000 per tola, down Rs11,700.

Similarly, 24-karat gold per 10-gram was sold at Rs301,783 after a decline of Rs10,031, 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 Rs276,644 per 10-gram.

On the other hand, silver prices rose in the domestic market, with 24-karat silver being sold at Rs3,457 per tola (+Rs16) and Rs2,963 per 10-gram (+Rs13).

PKR (24-karat per tola) Apr 23, 2025 Apr 22, 2025 DoD 1 Month FYTD CYTD
Gold 352,000 363,700 -11,700 33,400 110,300 79,400
Silver 3,457 3,441 16 -18 607 107

Globally, spot gold traded near $3,336 an ounce, down $0.5 or 0.01% from the previous session.

Gold prices fell more than 2% on Wednesday as U.S. President Donald Trump backed down from threats to dismiss Federal Reserve Chair Jerome Powell and expressed optimism for a trade deal with top metals consumer China, denting bullion's safe-haven appeal.

Copyright Mettis Link News

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