Gold prices in Pakistan took a surprising dip this week, even as record buying continues across the country. The sharp fall comes in the wake of a global decline in gold rates, pushing local prices down significantly and giving potential buyers a rare window of opportunity.
24K Gold Drops by Rs3,300 Per Tola
On Friday, the price of 24-carat gold fell by Rs3,300 per tola, bringing the new rate to Rs348,700. Similarly, the price for 10 grams of gold declined by Rs2,833, now standing at Rs298,950. These price cuts reflect not just domestic market activity but are also in line with a broader slump in global gold prices.
According to the latest figures released by the All Pakistan Sarafa Association, the fall mirrors international gold market trends. The price of gold per ounce globally dropped to $3,305, showing a $33 decrease in a single day. A $20 premium still applies, but it hasn’t stopped the downward movement.
Gold Prices in Pakistan This Week: A Quick Look
Here’s a snapshot of how gold prices have moved over the past week:
| Date | Price (Per Tola) |
|---|---|
| 23-April | Rs352,000 |
| 22-April | Rs363,700 |
| 21-April | Rs357,800 |
| 19-April | Rs349,700 |
| 18-April | Rs349,700 |
| 17-April | Rs350,000 |
This ongoing decline indicates a consistent bearish trend, even though domestic demand for gold remains high due to wedding season and investment interest.
Silver Prices Show an Upward Trend
While gold is dipping, silver is moving in the opposite direction. The price of silver rose by Rs40 on the same day, reaching Rs3,497 per tola. This increase signals growing interest in the metal, possibly from small-scale investors looking for a more affordable hedge against inflation.
Also Read: Dubai Gold Price Today – April 25, 2025 | Live AED & USD Rates for Gold Bars & Coins
What This Means for Buyers and Investors
With the sudden drop in prices, many are rushing to take advantage of the lower rates before a possible rebound. If you’re considering buying gold—either for investment or personal use—this may be the right time to act. But as always, keep an eye on global trends, as gold prices remain sensitive to international market shifts.