On April 25, 2025, gold prices declined internationally and in Pakistan, halting the record highs observed in recent weeks.
According to market analysts, the sharp correction reflects stabilising global demand and profit-taking, with potential volatility looming due to fluctuating economic indicators.
Gold prices dropped by $33 per ounce in the global bullion market, settling at $3,305. This international downturn directly influenced Pakistan’s local bullion rates, contributing to a notable price correction in the domestic market.
Pakistan’s Gold and Silver Prices Fall
In Pakistan, the price of 24-karat gold per tola fell by Rs3,300, reaching Rs348,700. Similarly, the price of 10 grams of 24-karat gold decreased by Rs2,833, settling at Rs298,950. Silver prices also declined, with the per-tola rate dropping by Rs40 to Rs3,497 and the 10-gram rate falling by Rs35 to Rs2,998.
Read: Gold Hits Record $3,500 as Trade Tensions and Weak Dollar Drive Demand
Analysts attribute the price drop to a stabilisation in global demand following months of sustained gains, coupled with investor profit-taking. Traders warn that the market may remain volatile, driven by shifting global economic conditions. Investors are advised to monitor economic indicators closely for future price trends. The recent correction underscores the gold market’s dynamic nature.