Gold price in Pakistan went down on Friday even as gold gained in the international market.
Key Highlights for Gold Price
- 24-karat gold fell by Rs1,800, now priced at Rs350,900 per tola.
- 10-gram 24-karat gold declined by Rs1,543, now at Rs300,840.
- 22-karat gold was sold for Rs275,780 per 10-gram.
- Silver prices stayed the same: Rs3,417 per tola, Rs2,929 per 10-gram.
- Global spot gold rose to $3,330 an ounce, up by $16.9 or 0.51%.
Pakistan Gold Rate: What’s Happening in the Market
The local gold market dropped today despite a rise in global prices.
Globally, gold rose because the U.S. dollar became weaker and tensions grew between the U.S. and China. This made gold more attractive as a safe investment.
Locally, however, the price dropped due to lower demand and some selling by traders. Sometimes, local and global prices don’t move the same way due to currency rates and market activity.
For more updates, visit Daily Gold Signal.
Price Trends and Market Signals
Gold price in Pakistan is now at Rs350,900 per tola, which is Rs1,800 less than yesterday.
In the last month, gold still gained Rs22,100 per tola. Since the start of this year, the price has gone up by Rs78,300.
Silver didn’t change in price and stayed steady today.
Gold may find support at Rs347,000, and resistance could be near Rs353,000 per tola. This means the price may bounce between those levels unless strong news changes the trend.
Experts Share Their Views
Market experts say the drop in gold prices was not a surprise.
“Traders often sell to take profit when prices are high,” said one gold dealer in Karachi. China may bring new changes in the gold market next week.
Many analysts still believe gold is strong overall and may go higher in the long run.
Conclusion: Local Drop May Be Short-Term
Even with today’s drop, gold prices have risen a lot this year.
Pakistan’s gold market may just be going through a short-term dip. The global market, on the other hand, shows strong support for gold prices due to current world events.
You can follow the latest updates at Daily Gold Signal – Daily Gold Update.
FAQs: Understanding the Gold Price in Pakistan
1. Why did the gold price in Pakistan drop today?
The gold price in Pakistan dropped today due to local market corrections and reduced buying activity.
2. What is the current gold price in Pakistan for 24-karat gold?
As of May 9, 2025, the 24-karat gold price in Pakistan is Rs350,900 per tola.
3. Are global gold prices rising or falling?
Global gold prices are rising, currently trading around $3,330 per ounce due to a weaker U.S. dollar.
4. Why is there a difference between local and global gold prices?
Local prices are affected by currency rates, taxes, demand, and supply, which may differ from global trends.
5. What is the current silver price in Pakistan?
Silver prices remain unchanged at Rs3,417 per tola and Rs2,929 per 10-gram in Pakistan.
6. Will the gold price in Pakistan go up again?
Experts believe that despite short-term drops, gold prices in Pakistan may rise in the longer term.
