In a significant development for gold investors and buyers, the price of gold in Pakistan has witnessed a sharp decline. On Monday, gold prices dropped by Rs. 1,800 per tola, bringing some relief to consumers across the country.
According to the All Pakistan Gems and Jewellers Association, the new gold rate in Pakistan now stands at Rs. 338,800 per tola. This price revision marks a notable decrease from the previous rate.
Gold Price Today in Pakistan – April 15, 2025
- Gold per tola: Rs. 338,800 (↓ Rs. 1,800)
- Gold per 10 grams: Rs. 290,466 (↓ Rs. 1,543)
The fall in domestic gold prices follows a downward trend in the international gold market. As per the Association, the global gold rate has dropped by $18, bringing the price down to $3,218 per ounce.
Why Did Gold Prices Drop?
The decline in gold prices is attributed to shifts in the international bullion market, where investors are adjusting their portfolios amid economic uncertainties and fluctuations in the US dollar. Such global trends often have a direct impact on local gold prices in Pakistan.
Impact on Local Market
This decrease in gold rates is expected to positively influence the local jewelry market, especially ahead of the upcoming wedding season, where demand for gold typically rises.