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Reading: Gold Prices in Pakistan Drop for Second Day Amid Global Decline
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Gold Prices Pakistan in April 2025
PhotoNews Pakistan > Business > Gold Prices in Pakistan Drop for Second Day Amid Global Decline
Business

Gold Prices in Pakistan Drop for Second Day Amid Global Decline

Web Desk
By Web Desk Published May 9, 2025 2 Min Read
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Gold bricks. Photo: Asian Gold Commodities
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Gold prices in Pakistan fell for the second consecutive day on Friday, May 9, 2025, aligning with a global downward trend driven by easing investor demand and regional tensions.

According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold per tola dropped by Rs1,800 to Rs350,900, while the price of 10 grams decreased by Rs1,543 to Rs300,840.

Silver prices in Pakistan remained steady, with per tola silver at Rs3,417 and 10 grams at Rs2,929, per APGJSA. Globally, gold prices declined by $18 per ounce to $3,325, reflecting fluctuating market sentiment. Reuters reported a slight uptick in U.S. gold futures, up 0.8% to $3,334.30, while spot silver eased 0.2% to $32.44, platinum rose 0.6% to $981.94, and palladium climbed 0.4% to $980.15.

24-karat gold in Pakistan fell to Rs350,900 per tola, down Rs1,800, mirroring a global drop to $3,325 per ounce.

Read: Gold Prices Climb in Pakistan and Globally Amid Geopolitical Tensions

The global gold market faced reduced investor interest amid ongoing regional uncertainties, contributing to the price correction. In Pakistan, the consistent decline over two days reflects broader economic and geopolitical influences, though silver prices held firm, indicating selective market stability.

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