Gold price in Pakistan falls Rs11,700 per tola

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